Alexander G Tsavliris & Sons Maritime Co v The owners of the ship “Atlas Pride” - High Court of Singapore (Kan Ting Chiu J) - 14 July 1994

Salvors bring action in rem to enforce arbitration award and to recover costs - Whether salvors entitled to bring in rem proceedings

The plaintiff salvors undertook salvage work on the vessel Atlas Pride under the Lloyd’s Open Form. At arbitration the plaintiffs were awarded £3,802,000 as a salvage award. The plaintiffs brought an action in rem against the shipowners to recover the appropriate portion of the salvage award as well as the costs of the arbitration.