Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

ARGOLIS SHIPPING CO. S.A. v. MIDWEST STEEL AND ALLOY CORPORATION (THE "ANGELIKI")

[1982] 2 Lloyd's Rep. 594

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Lloyd

Arbitration - Award - Costs - Central issues withdrawn by owners and charterers - Offer of settlement by charterers - Arbitrators made award of costs in favour of owners - Whether sealed offer affected results of costs incurred - Whether award should be remitted for reconsideration of costs.

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