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London Arbitration 21/10

Arbitration practice - Costs

(2010) 808 LMLN 2

In London Arbitration 20/10 ((2010) LMLN 807) the owners claimed the costs of the arbitration. They submitted that they were the claimants; they had made a substantial recovery; and costs should follow the event. The charterers contended that the two claims (referred to respectively as “the loadport claim” and “the Singapore claim”) should be treated separately. The overwhelming preponderance of time and costs had been incurred in relation to the loadport claim, which had failed; and in any event, they had been the victors in a large proportion of interlocutory applications.

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Nov 12 2010

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