1. China’s COSCO Shipping suspends services to Qatar amid row

China’s COSCO Shipping suspends services to Qatar amid row

China's COSCO Shipping Lines Co Ltd has suspended shipping services to Qatar, citing "uncertainties" after Arab countries severed diplomatic ties with the Gulf state and imposed port restrictions.

By: | Shanghai | Published: June 12, 2017 12:15 PM
China, COSCO, China's COSCO, China's COSCO Shipping, COSCO Shipping, Shipping suspends services, services to Qatar, Shipping suspends services to Qatar COSCO told customers about the suspension of services to and from Qatar’s Hamad Port in a notice issued on June 7, a spokeswoman for COSCO’s parent company said on Monday. (Reuters)

China’s COSCO Shipping Lines Co Ltd has suspended shipping services to Qatar, citing “uncertainties” after Arab countries severed diplomatic ties with the Gulf state and imposed port restrictions. The world’s fourth-largest shipping line joins Taiwan’s Evergreen and Hong Kong’s OOCL in suspending services after Saudi Arabia, Egypt and other Arab nations cut ties with Qatar over its alleged support for terrorism, an accusation the country denies.

COSCO told customers about the suspension of services to and from Qatar’s Hamad Port in a notice issued on June 7, a spokeswoman for COSCO’s parent company said on Monday. “In view of the uncertainties as the situation develops, in order to protect the interests of customers, our company is from now on suspending booking services and deliveries for Qatar,” it said in the notice.

It added that it had launched a contingency plan that it would inform customers of as soon as possible. Qatar is dependent on imports for its basic needs, which are transported by land and sea. Container ships carry vital consumer supplies, including food. Fewer container services will also hurt Qatar’s ability to trade.

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