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Dubai sets out harsh sanctions for Qatar vessels

dubai.jpg Carriers:

Dubai has opted to bar virtually all vessels headed to Qatar regardless of flags. This is evident from a notice issued by authorities in Dubai which ShippingWatch is in possession of. But there is still widespread confusion about how the gulf states will handle the boycott of Qatar.

Qatar spat could hit Hapag-Lloyd capital expansion

qatar.jpg Container:

Qatar owns close to 15 percent of the share capital in Hapag-Lloyd, and this could pose problems for the planned capital expansion in light of the state's current conflict with its Arab neighbors, writes Alphaliner. Several container carriers are already hit by the boycott against Qatar.

Analyst prices Maersk Oil at USD 6-13 billion

oliefelt-maersk.jpg Offshore:

Maersk Oil would be able to fetch about USD 6-13 billion if the Maersk Group decides to sell the company, projects Sydbank's senior analyst in the wake of the announcement on Monday that the oil company was rejected as future partner on a vital oil field in Qatar.

Analysts: Loss of Qatar is rough for Maersk, but...

oliefelt-maersk.jpg Offshore:

Losing out on the tender for the Al Shaheen field in Qatar is a big blow to Maersk Oil, but the company would have lost a big part of the income from the field in Qatar regardless, several analysts note. Meanwhile, Maersk has the capital to go shopping for acquisitions if the group wants to.

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