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Pusan District Court 14th Civil Division Notice

Pusan District Court 14th Civil Division Notice

Published: 15 May 2019

Pusan District Court

14th Civil Division


Case No: 2016Check3 Commencement of Limitation of Liability

Petitioner: SeongJu, Park
108-1402, Dongwon Royal Duke APT, 228, GeumgokDaero, Buk-gu, Pusan, Korea

Presiding Judge: Jong Hoon, Park

The Pusan District Court (“the Court”) rendered its decision on the commencement of a limitation of liability order at 10:00 hrs on 11 July 2016 in relation to the captioned matter.

We hereby provide notice of the commencement of the limitation of liability to all valid claimants in accordance with Article 21(1) & (2) of the Act on Procedure for Limiting the Liability of Shipowners, etc. (“the Act”) as follows:

1.Order of the commencement of limitation of liability

The procedure for limitation of liability under the Act is hereby commenced with regard to property damage caused contact between M.V. “Myung Jin” (Ex. Name :Green Plus) and M.V. “Captain Vangelis L” at Pusan Southern Outer Harbour at 13:30hrs on 15February 2014 (“the Incident”).

2.Name and officer of Administrator

Attorney-at-law, Mr. Haengnam, Park.
Date of birth: 5 April 1969
Office: Room No. 305 (KukjeMunwha Center, Geoje-dong), 1217, Jungang Dae-ro, Yeonje-gu, Pusan

3.Limitation Fund Amount (deposited)

167,000 SDR

4.Known Beneficiary debtors

Charterer – Jeongjin E&B Co., Ltd. Room No. 401, Pusan Bank Bldg, Jeolyoung-ro, Youngdo-gu, Pusan

Safety Management Company – KSM Co., Ltd. Room No. 502, President O/T, 180, Jungangdae-ro, Dong-gu, Pusan

Insurer – Korea Shipping Association, (Deungshun-3 dong) 379, Gongangdaero, Gangse-gu, Seoul

5.Date and Location of the Hearing

At 16:00 hrs on August 29, 2019 and at 16:00 hrs on October 24, 2019; Court Room No. 307 of Pusan District Court


Any foreign claimants who do not have an address in Korea shall appoint their Korean legal representative who can attend thehearing under Korean Law and procedure.

[Appendix 1]

Vessel Particulars

Vessel Name: M.V. ‘MYUNGJIN” (Former name “GREEN PLUS”)

Loading: Republic of Korea (Loading Port: Busan)

Type of Vessel: a chemical tanker

Vessel No.: BSR-130047

Year of Build: 2000

[Appendix 2]

This case refers to the incident that M.V. ‘MYUNGJIN” (Former name “GREEN PLUS”) collided with M.V. “CAPTAIN VANGELIS L” due to a strong wind, while M.V. ‘MYUNGJIN” was fueling M.V. “CAPTAIN VANGELIS L”, at about 13:30hrs on 15 February, 2014, at Pusan Southern Outer Harbour (“the Incident”).