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BRIT Awards 1983 – Best British Group

Grammy Awards 1986 – Best Rock Performance By A Duo Or Group (for "Money For Nothing")

Grammy Awards 1986 – Brothers in Arms Best Engineered Recording, Non-Classical

Juno Award 1986 – International Album of the Year

BRIT Awards 1986 – Best British Group

MTV Video Music Awards 1986 – Video of the Year (for "Money for Nothing")

MTV Video Music Awards 1986 – Best Group Video (for "Money for Nothing")

Grammy Awards 1987 – Best Music Video, Short Form “Dire Straits Brothers in Arms”

BRIT Awards 1987 – Best British Album (for Brothers In Arms)

Grammy Awards 2006 – Best Surround Sound Album for his surround sound production (for Brothers in Arms—20th Anniversary Edition, Chuck Ainlay, surround mix engineer; Bob Ludwig, surround mastering engineer; Chuck Ainlay and Mark Knopfler, surround producers)

PRS for Music Heritage Award 2009.