Bae, Kim & Lee LLC has a well-established reputation for advising a broad spectrum of clients in the shipping industry, including shipping companies, P&I clubs, insurance companies, and financial institutions. The team brings a wealth of expertise across various areas, including charterparty disputes, international arbitration, insolvency and restructuring, corporate advisory, shipping finance, and marine insurance. The practice is jointly led by Sung Won Park and Yoon Jeong Park. Sung Won Park is a seasoned expert in shipping law, with significant experience in maritime disputes, particularly those involving ship collisions, oil pollution incidents, bill of lading and charterparty matters, and insurance claims. Yoon Jeong Park, who is dual-qualified in both the US and UK, is highly experienced in both contentious and non-contentious shipping matters, further strengthening the team’s capabilities across the sector. Joon Sung (Justin) Kim is also a key member of the practice.
Testimonials
Collated independently by Legal 500 research team.
‘Excellent cross-jurisdiction skills. Good underlying knowledge of shipping law.’
‘Yoon Jeong Park is exceptionally able and hard-working and is great at managing a team for litigation.’
‘Sung Won Park has a lot of experience in marine affairs as he has worked on behalf of shipowners worldwide and P&I clubs for more than 20 years. He has a good reputation among the shipping society in Korea.’
‘The maritime team provides us with prompt legal advice in various fields such as charterparty, shipbuilding, ship finance and marine insurance, etc.’
‘Yoon Jeong Park is a very competent lawyer who knows clients' needs well. She understands a ship owner's position, and she has outstanding knowledge of and a close network in the shipping and shipbuilding industry. In addition to her great skills and talents, she is also very polite and kind.’
‘Sung Won Park has specialised knowledge of maritime vessels and is able to provide the best answers to clients' requests accordingly.’
‘Yoon Jeong Park is an exceptional attorney. She provides legal advice that precisely meets client needs with a rare blend of approachability and professional expertise.’
'Sung Won Park is truly commendable for his deep understanding of the law and his ability to navigate intricate legal waters with finesse. His dedication to ensuring smooth transactions and resolving complexities efficiently is invaluable to our operations.’
Key clients
- H-Line Shipping.
- Britannia P&I Club
- SM Line
- POSCO Flow
- HMM
- Hyundai Navis
- Korea Line
- POSCO International
- SK Gas
- West of England P&I Club
Work highlights
- Advised HMM on the ship financing deal for 12 new 13,000 TEU eco-friendly container ships.
- Advised POSCO International on the arbitration review regarding the termination of transportation contracts due to the Ukraine war.
- Advised West of England P&I Club (Tan Binh Co., Ltd) on the limitation of liability procedures for the Vietnamese shipowner regarding the sinking accident of MV Tan Binh 127.
Lawyers
Practice head
The lawyer(s) leading their teams.
Sung Won Park, Yoon Jeong Park