London Arbitration 2/22

Practice – Security for costs – Charterers bringing speed and consumption counterclaim – Charterers failing to comply with tribunal’s order to provide security for costs – Whether counterclaim should be dismissed

Following the making of the Partial Final Award in London Arbitration 1/22, the charterers pursued their counterclaim in respect of their complaints concerning speed and consumption and for the return of sums overpaid when allegedly never due.