diff --git a/CHANGELOG.md b/CHANGELOG.md
index ab0a2c354..3b18d0c89 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,7 +1,15 @@
 Change log
 ==========
 
-1.20.0 (2018-03-07)
+1.20.1 (2018-03-21)
+-------------------
+
+### Bugfixes
+
+- Fixed an issue where `docker-compose build` would error out if the
+  build context contained directory symlinks
+
+1.20.0 (2018-03-20)
 -------------------
 
 ### New features
diff --git a/compose/__init__.py b/compose/__init__.py
index 1c5a409f1..5706c78ea 100644
--- a/compose/__init__.py
+++ b/compose/__init__.py
@@ -1,4 +1,4 @@
 from __future__ import absolute_import
 from __future__ import unicode_literals
 
-__version__ = '1.20.0'
+__version__ = '1.20.1'
diff --git a/requirements.txt b/requirements.txt
index 743272d4e..e5a26bba2 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -2,7 +2,7 @@ backports.ssl-match-hostname==3.5.0.1; python_version < '3'
 cached-property==1.3.0
 certifi==2017.4.17
 chardet==3.0.4
-docker==3.1.3
+docker==3.1.4
 docker-pycreds==0.2.1
 dockerpty==0.4.1
 docopt==0.6.2
diff --git a/script/run/run.sh b/script/run/run.sh
index a739edb35..0cc7c1463 100755
--- a/script/run/run.sh
+++ b/script/run/run.sh
@@ -15,7 +15,7 @@
 
 set -e
 
-VERSION="1.20.0"
+VERSION="1.20.1"
 IMAGE="docker/compose:$VERSION"
 
 
diff --git a/setup.py b/setup.py
index e24736df0..965307264 100644
--- a/setup.py
+++ b/setup.py
@@ -36,7 +36,7 @@ install_requires = [
     'requests >= 2.6.1, != 2.11.0, != 2.12.2, != 2.18.0, < 2.19',
     'texttable >= 0.9.0, < 0.10',
     'websocket-client >= 0.32.0, < 1.0',
-    'docker >= 3.1.3, < 4.0',
+    'docker >= 3.1.4, < 4.0',
     'dockerpty >= 0.4.1, < 0.5',
     'six >= 1.3.0, < 2',
     'jsonschema >= 2.5.1, < 3',