Low water again hampers Rhine river shipping in Germany

low-water-again-hampers-rhine-river-shipping-in-germany
Low water again hampers Rhine river shipping in Germany

Cargo vessels on the Rhine river in Germany are unable to sail fully loaded due to low water levels caused by recent dry weather, according to commodity traders. This has resulted in surcharges being added to the usual freight prices. Traders have reported that shipping is being hampered on most of the river, particularly south of Duisburg and Cologne, including the chokepoint of Kaub. The shallow water has led to vessel operators imposing surcharges on freight rates to compensate for the reduced cargo capacity, which in turn increases costs for cargo owners. However, there is hope that the situation may improve as rain is forecasted in river catchment areas in Germany from Thursday into the weekend. The Rhine river is a crucial shipping route for various commodities, including grains, minerals, ores, coal, and oil products. In the summer of 2022, German companies faced supply bottlenecks and production issues due to low water levels caused by a drought and heatwave. The Thomson RushHourDaily Trust Principles apply to this report.

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