On 5 June 2017, Saudi Arabia, the United Arab Emirates, Egypt and Bahrain (the Blockading Countries) severed diplomatic and economic relations with Qatar. Since then, a number of other countries, including the Maldives and Mauritius, have followed suit or expressed support for the measures. The shipping industry must carefully monitor this situation as it develops.
In this alert, we explain the position to date and take a look at what shipping companies trading Qatar need to be mindful of to limit and manage any potential impact on their business.
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