KSA is composed of License-holding members who registered passenger or cargo transportation business, and Associate members who are engaged in shipping-related business such as marine brokerage, chartering, vessel management or port operation, etc.

Joining process

Those who intend to join KSA shall submit the following documents and pay an investment, entrance fee and membership fee according to levy criteria. However, Associate members are fully exempted with membership fee and excluded from investment.

• 1. Membership application form (Attached form No.1)
• 2. Business license or registration certificate
• 3. Membership registration and change notification form (Attached Form No. 3)
• 4. Ship and its facility specifications (certificate of ship's nationality and ship inspection certificate)
• 5. Corporate registration copy(For individuals, date of birth only) and business licence
• 6. Charter (limited to ship chartered from inner port cargo carrier for a short term less than one(1) year)

Membership Qualifications

License-Holding membership

To join License-holding membership, a member should manage his/her main office in Korea and acquire Marine passenger transport business license from/ or register Marine cargo transport business to the Minister of Oceans and Fisheries.

Associate Membership

① To join Associate membership, a member should manage his/her main office in Korea and utilize more than one of KSA business, in condition of one from below.

• 1. An individual who has registered a shipping brokerage or a vessel chartering pursuant to Article 33 of the Shipping Act.
• 2. An individual who manages shipping-related business designated by the Minister of Oceans and Fisheries, such as vessel management under the Shipping Act.

② Notwithstanding the provisions of paragraphs above, an individual in bankruptcy, incompetent in legal, or those who have not passed one(1) year since his/her membership expelled shall be restricted with there rights.

Membership fee structure

Entrance Fee

Lisence-holding member: KRW 100,000/Associate member: KRW 50,000

Membership Fee

Payments option

20% discount on annual fee if payed in a lump sum

Withdrawal of membership

① Members can withdraw from KSA by submitting the membership withdrawal letter. (Attached form No. 2)

② In case of a member in condition of any of following below, chairman could drop him/her out.

• Membership disqualification
• Death
• Associate member who does not continue to utilize any of following business for more than one(1) year, starting from the date of joining membership or the day after the last usage date.
  • A. KSA Hull·P&I(Including whole kind insurance)
  • B. Cew Wage Claim Guarantee Fund
  • C. Oil supply

 

③ Chairman shall act the withdrawal of member in accordance with paragraph ② with basic date of such reasons occurred. However, in case of section 3 of paragraph ②, chairman shall act withdrawal on the last day of the month which includes the time limit of certain period which reasonably set and noticed to members.