Shipping
Asia-Pacific Guide 2024 : South Korea
Band 3
About
Provided by Yoon & Yang LLC
Yoon & Yang’s Shipping & Maritime Practice Group provides a full range of legal advisory and dispute settlement services on all types of maritime disputes and transactions for domestic and foreign aircraft owners and ship charterers, P&I clubs (e.g., Mutual Protection and Indemnity Insurance Association), maritime insurance companies, maritime/aviation freight forwarders, government agencies, and shippers of every type. The Shipping & Maritime Practice Group consists of professionals who specialize in litigations and provision of advisory services of the highest quality relating to maritime and shipping matters. The members of the Practice Group have extensive hands-on experience and expertise in representing and advising domestic and foreign clients on a wide variety of issues in this area.
Yoon & Yang’s Shipping & Maritime Practice Group is headed by Sang-Pil Lee, one of the most experienced maritime attorneys in Korea. Sang-Pil Lee currently serves as a pleader at the Korean Maritime Safety Tribunal.
The Group also recently hired Elayne Heeseung Sung from Lee & Ko, where she concentrated her practice in shipping finance from 2001 to 2022. Elayne is expected to bring to Yoon & Yang decades of experience advising major financial institutions and Korean shipping companies.
Chambers Review
Yoon & Yang rises in the rankings this year. The firm's shipping practice is able to advise on the full spectrum of contentious and non-contentious shipping law matters in South Korea, acting for a number of P&I clubs, marine insurers and ship charterers. The practice acts on cargo claims, shipbuilding and charter party disputes and transactions, rehabilitation procedures and maritime law compliance matters. Its key clients include SK Shipping, Hferry and Pan Ocean.
Work Highlights
- Yoon & Yang assisted POSCO Plantec in instigating a damaged cargo claim against the insurer Hyundai Marine & Fire Insurance and carrier Dongbang.
Strengths
Provided by Chambers
"Yoon & Yang have high commercial awareness as they have long experience in maritime disputes and advisory work."
"Yoon & Yang have high commercial awareness as they have long experience in maritime disputes and advisory work."
Notable Practitioners
Lee Sang-Pil leads Yoon & Yang's shipping team and focuses his practice on maritime disputes in the Korean market. He represents shipbuilders, cargo owners, insurers and freight forwarders in a variety of matters including cargo disputes, collisions, insurance and charter party disputes.
"Attorney Lee Sang-Pil has good expertise in the maritime transportation field and has shown outstanding achievements in litigation."
Ranked Lawyers at
Yoon & Yang LLC
South Korea
Clients
Provided by Yoon & Yang LLC
H-Line Shipping
Heung Kuk Fire & Marine Insurance
Hferry
INTOPS
Intergis
K Shipbuilding
Korea P&I
Korea Trade Insurance Corporation
Pan Ocean
Posco Plantec
Royce Cruise
SK Shipping
STX Corporation