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Korea Shipowners' Association picks ex-ministry official Kim Jun-seok as vice chairman

🇰🇷 South Korea, Seoul 13:18 Business Business2 Tech Official updated 1 h ago first reported by 조선일보

In short

The Korea Shipowners' Association (한국해운협회) has named Kim Jun-seok (김준석), an adviser at law firm YK, as its next full-time vice chairman. The association said on the 22nd that its chairmen's meeting chose him on the 21st after final interviews. He still needs final approval at the general meeting in January 2027 and would serve a three-year term.

Read the full story 1 min read

The Korea Shipowners' Association (한국해운협회) has named Kim Jun-seok (김준석), an adviser in the corporate group at law firm YK, as its next full-time vice chairman. The association said on the 22nd that it made the choice at a chairmen's meeting on the 21st, after final interviews of applicants for the post. [ 1 , 2 , 3 , 4 ]

Kim is to take office after final approval at the regular general meeting in January 2027. The term is three years. [ 1 , 2 , 3 , 4 ]

Chosun Ilbo and Yonhap gave Kim's age as 56. ZDNet Korea and Asia Economy said he was born in Seoul in 1970. He graduated from Seoul National University in political science and passed the 36th higher civil service exam. At the Ministry of Oceans and Fisheries he served as director-general for shipping and logistics and for fisheries policy, and after leaving in 2022 he served as chairman of the Korea Maritime Transportation Safety Authority (한국해양교통안전공단). He now advises companies as an adviser at YK. [ 1 , 2 , 3 , 4 ]

During his ministry service he worked on securing liquidity for Hyundai Merchant Marine (now HMM), the handling of STX Pan Ocean's court receivership, and the founding of Korea Ocean Business Insurance (한국해양보증보험). Chosun Ilbo and Asia Economy described the insurer as the predecessor of the Korea Ocean Business Corporation (한국해양진흥공사). Yonhap said the association stated that he contributed to the domestic shipping and logistics industry. [ 1 , 2 , 3 , 4 ]

ZDNet Korea, Chosun Ilbo and Asia Economy also said he took part in policy responses to the shipping and logistics crisis during the Covid-19 period. They said he pursued support measures including a wider corporate tax cut for excellent cargo owners and subsidies for replacing old ships, in order to expand cargo shipping by national carriers. [ 1 , 2 , 4 ]

Why it matters

The appointment fills the association's full-time vice chairman post, and the outlets stress Kim's earlier work at the Ministry of Oceans and Fisheries on shipping industry support. The documents give no wider consequences.

Key facts

  • The Korea Shipowners' Association said on the 22nd that it has picked Kim Jun-seok, an adviser in the corporate group at law firm YK, as its next full-time vice chairman. [ 2 , 3 , 4 ]
  • The selection was made at a chairmen's meeting on the 21st after final interviews of applicants for the post. [ 1 , 2 , 4 ]
  • Kim is to take office after final approval at the regular general meeting in January 2027; the term is three years. [ 1 , 2 , 3 , 4 ]
  • Kim graduated from Seoul National University in political science, passed the 36th higher civil service exam, and served at the Ministry of Oceans and Fisheries as director-general for shipping and logistics and for fisheries policy. [ 1 , 2 , 3 , 4 ]
  • After leaving the ministry in 2022 he served as chairman of the Korea Maritime Transportation Safety Authority (한국해양교통안전공단). [ 1 , 2 , 3 , 4 ]

Confirmed by several sources

  • The Korea Shipowners' Association designated Kim Jun-seok as its next full-time vice chairman, announced on the 22nd. [ 2 , 3 , 4 ]
  • The choice followed final interviews at the chairmen's meeting held on the 21st. [ 1 , 2 , 4 ]
  • He is due to be formally approved at the general meeting in January 2027 and would serve a three-year term. [ 1 , 2 , 3 , 4 ]
  • At the ministry he worked on Hyundai Merchant Marine (now HMM) liquidity, the handling of STX Pan Ocean's court receivership, and the founding of Korea Ocean Business Insurance (한국해양보증보험). [ 1 , 2 , 3 , 4 ]

Still unclear

  • Who else applied for the post and how many candidates were interviewed. The documents mention an open application and final interviews but give no details on other candidates.

What local media are saying

Business mediaChosun Ilbo and Asia Economy reported the association's announcement and listed Kim's career, including his ministry posts, his role in the HMM, STX Pan Ocean and Korea Ocean Business Insurance matters, and the tax and subsidy measures he promoted. Asia Economy said he is credited with contributing to shipping industry recovery. [ 2 , 4 ]
Technology mediaZDNet Korea reported the appointment with a headline noting Kim as a former chairman of the Korea Maritime Transportation Safety Authority, and covered his ministry career and shipping support measures. [ 1 ]
Official sourcesYonhap reported the association's announcement in brief, giving Kim's education and posts, and said the association stated that he contributed to the domestic shipping and logistics industry. [ 3 ]

Timeline, local time

  1. ZDNet Korea published its report on the designation. [ 1 ]
  2. Chosun Ilbo published its report, saying the association announced the choice on the 22nd. [ 2 ]
  3. Yonhap published its report of the association's announcement. [ 3 ]
  4. Asia Economy published its report of the announcement. [ 4 ]