Maritime Law in South Korea

Tue, 07 Jul 2026 00:00:00 +0000

Introduction

South Korean maritime law is codified in Part V (Maritime Commerce) of the Commercial Act (상법) , which governs ships, shipowners, carriage of goods by sea, maritime liens, and marine insurance. South Korea is one of the world’s largest shipbuilding nations and a major maritime trading state, home to the world’s largest shipping company (HMM) and major ports in Busan, Incheon, and Gwangyang. The legal framework combines civil law codification with international maritime conventions.

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Maritime Law in South Korea

Introduction