Korean Law in English
Laws › Commercial Act › SECTION 1 Affreightment in General Ships

Commercial Act — Article 792 (Provision of Cargo)

상법 제792조

This English translation is based on the Korean text effective 2018-12-19. The Korean law has since been amended (current version effective 2026-09-10) — check the Korean original.

(1) A consignor shall provide a carrier with cargo at the time and place agreed upon between the parties or by usage of trade of a port of loading.

(2) Where a consignor has not provided cargo at the time and place mentioned in paragraph (1), a contract shall be deemed cancelled. In such cases, a shipmaster may depart at once and a consignor shall pay the full amount of the freight.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]

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