[1993] 2 Lloyd’s Rep. 168; [1993] 3 WLR 176; [1993] QB 780; [1993] 3 All ER 748; [1993] 3 WLR 176

Alistair Schaff – Arbitration – Award – Costs – Sealed offer – Arbitrators found in favour of owners – Arbitrators made order as to costs – Effect of sealed offer on order as to costs – Whether arbitrators had properly exercised their discretion as to costs.