Shipping: International Firms - South Korea
What the Team is Known For
Stephenson Harwood is a shipping law powerhouse known for its standout capabilities in such contentious shipping matters as contractual disputes, accident, shipbuilding and insurance claims within the South Korean market. It is able to advise on both wet and dry disputes and has additional expertise in shipping finance. The Seoul office serves clients across the region on South Korea-related onshore and offshore matters, collaborating closely with the Singapore office. The team's impressive client roster includes prominent domestic shipping companies and construction companies as well as international insurers.
Strengths
"Stephenson Harwood is flexible and knows the business. The team is willing to delve into the intricacies of corporate matters."
"They have extensive experiences and expertise in the shipping and shipbuilding industry and they know the Korean market well."
Work Highlights
Stephenson Harwood defended HJ Shipbuilding & Construction against a USD32 million claim for damages for alleged defects in welding works.
Notable Practitioners
Michael Kim is the managing partner of Stephenson Harwood's Seoul office. He acts for parties involved in charter party, shipbuilding and marine insurance disputes, in addition to advising on shipbuilding contracts, ship financing and investments. "Mr Kim thoroughly knows the shipping and shipbuilding industry, as well as the Korean market. He understands the clients’ needs well and provides effective and practical solutions." "Michael Kim is definitely a go-to lawyer. He is able to advise even on the areas where legal and commercial issues mix."
Gregg Johnston is based in Singapore and is well placed to advise Korean shipping companies and lenders on financing transactions. He leverages nearly two decades of experience acting on offshore and shipping finance mandates.
