Security for an award: admiralty arrest

In Posh Projects Pte Ltd v Owner and/or Demise Charterer of the Yangtze Harmony [2026] SGHC 3; [2026] 2 Lloyd’s Rep 341 , S Mohan J in the Singapore High Court applied established English authority to conclude that where subject matter was arrested in in rem proceedings which were stayed pending the arbitration award, once the award had been handed down the stay could be lifted and the award creditor could seek to enforce the award by means of a judgment on the award.