Busan is good

Mayor Park Heong-joon: “A Leap Toward Becoming a Global Maritime Legal Hub” … Establishment of the Busan International Maritime Commercial Court Confirmed

내용

Busan Metropolitan City (Mayor Park Heong-joon) announced that it will hold the “Citizen Report and Resolution Rally for the Establishment of the Busan International Maritime Commercial Court” today (25th) at 3:00 p.m. in the convention hall of Busan City Hotel in Yeonje-gu, jointly with civic groups including the Busan-Ulsan-Gyeongnam Council for the Promotion of Maritime Court Establishment.

The event will be attended by approximately 100 participants, including Mayor Park Heong-joon, the President of the Busan Chamber of Commerce and Industry, local National Assembly members, the Chair of the City Council, members of the Busan-Ulsan-Gyeongnam Council for the Promotion of Maritime Court Establishment, and representatives from academia, the legal community, businesses, and port-related organizations. They will commemorate the confirmation of the court’s establishment and share their commitment to advancing Busan as a global maritime legal hub.

This event has been organized to share the progress and significance of establishing the Busan International Maritime Commercial Court and to communicate expected future effects and policy directions with citizens.

The Busan International Maritime Commercial Court, promoted through collaboration among government, private sector, political circles, and academia, was confirmed to open on March 1, 2028, following the passage of the relevant legislation at the plenary session of the National Assembly last month.

The event program will include a report on progress, congratulatory remarks from key figures, a vision presentation, a reading of the resolution, and a commemorative performance.

The Busan International Maritime Commercial Court will operate as a specialized court handling maritime civil cases, maritime administrative cases, and international commercial cases across the Yeongnam, Honam, and Jeju regions.

Its jurisdiction will include Busan Metropolitan City, Gyeongsangnam-do, Ulsan Metropolitan City, Daegu Metropolitan City, Gyeongsangbuk-do, Gwangju Metropolitan City, Jeollanam-do, Jeonbuk State, and Jeju Special Self-Governing Province.

Following preparatory procedures for its opening, the court will officially commence operations on March 1, 2028, based on an independent judicial system.

Busan Metropolitan City expects that the establishment of the Busan International Maritime Commercial Court, in connection with the relocation of the Ministry of Oceans and Fisheries, maritime public institutions, and headquarters of shipping companies, will contribute to revitalizing the regional economy and strengthening the status of Busan as the maritime capital of the Republic of Korea.

Park Jae-yul, Standing Representative of the Busan-Ulsan-Gyeongnam Council for the Promotion of Maritime Court Establishment, stated, “The establishment of the Busan International Maritime Commercial Court is the result of over 15 years of public-private cooperation between civil society and the city, and it will serve as an important turning point for Busan to advance as a maritime capital.”

Mayor Park Heong-joon stated, “The establishment of the Busan International Maritime Commercial Court is an achievement made possible by the continuous interest and efforts of citizens and the local community. I hope this event will serve as a starting point for Busan to leap forward as a global maritime legal hub,” adding, “We will strengthen cooperation with relevant institutions and make every effort to cultivate professional personnel and build the necessary foundation to ensure the court opens without disruption in March 2028.”