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.
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.
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.
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.
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
Lisence-holding member: KRW 100,000/Associate member: KRW 50,000
|Fleet G/T||Annual fee||Remarks|
|Under 200 tons||KRW 240,000||Associate members shall be fully exempted.|
|Under 1,000 tons||KRW 360,000|
|Under 5,000 tons||KRW 480,000|
|Under 10,000 tons||KRW 720,000|
|Over 10,000 tons||KRW 960,000|
20% discount on annual fee if payed in a lump sum
Withdrawal of membership
② In case of a member in condition of any of following below, chairman could drop him/her out.
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.