Associate
Monica is a maritime law expert, specifically assisting Korean shipping clients through complex disputes and strategic transactions.
Jurisdiction - England & Wales
Languages - English, Korean
Monica Park is an associate in the Maritime, Trade and Offshore team at Stephenson Harwood, based in Seoul. With qualifications in England and Wales, she is a trusted advisor to major Korean shipbuilders, shipowners, charterers and insurers. Her expertise spans both contentious and non-contentious matters, making her a go-to resource for navigating the intricacies of the shipping and maritime sectors.
Monica's practice includes high-stakes shipping litigation, where she has acted in significant cases such as a $400 million LMAA arbitration concerning defective LNG carriers and a $30 million shipbuilding dispute over welding defects. Her advisory work extends to logistics and refinery companies, where she drafts transportation agreements and advises on demurrage claims, ensuring her clients are well-prepared for any challenges.
Clients appreciate Monica's ability to act swiftly and think commercially, whether dealing with marine casualties or delayed vessel deliveries. Her deep understanding of the Korean market and her ability to communicate complex legal issues in a straightforward manner set her apart, making her an invaluable asset to those seeking to protect and advance their maritime interests.
$400 million LMAA arbitration re: defective LNG carriers
Acting for and assisting one of Korea's largest shipping companies in a dispute with a shipbuilder concerning defective cargo containment systems.$30 million shipbuilding dispute
Acting for and assisting the Builder in relation to a claim concerning defective welding.$13 million concerning marine casualty
Advising travel agency in a dispute arising out of a collision of two river cruisers.Cargo issue
Advising one of the largest shipping companies in Korea on a potential cargo claim against the shipowner.Logistics / Commodities
Advising a logistics / commodities company on the launch of a new international logistics project and drafting transportation agreement.Refinery company
Advising an oil refinery company on a potential demurrage claim.Delayed vessel delivery
Advising one of Korea's largest shipping companies on a potential claim against a shipbuilder arising from delayed vessel delivery.