SEA TRADE MARITIME CORPORATION v HELLENIC MUTUAL WAR RISKS ASSOCIATION (BERMUDA) LTD (THE “ATHENA”)

[2006] 2 Lloyd's Rep. 147

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Christopher Clarke

Arbitration - Arbitrators issuing award on substantive issues and reserving award on costs - Second award subsequently made on costs - Validity of costs award - Whether arbitrators failing to deal with costs so that time limits for supplementary award applied - Whether arbitrators entitled to reserve costs award and to make award at any later date - Arbitration Act 1996, sections 47 and 57.