Low water levels after recent dry weather are again preventing cargo vessels from sailing fully loaded on the Rhine River in Germany with surcharges added to the usual freight prices, commodity traders said on Wednesday.
Low water is hampering shipping on most of the river south of Duisburg and Cologne, including the chokepoint of Kaub, traders said.
Shallow water means vessel operators impose surcharges on freight rates to compensate for vessels not sailing fully loaded, increasing costs for cargo owners. Dry weather in early June meant the river became too shallow, hindering shipping before rain raised water levels.
But rain forecast in river catchment areas in Germany from Thursday into the weekend could help raise water levels, traders said.
The Rhine is an important shipping route for commodities such as grains, minerals, ores, coal, and oil products, including heating oil.
German companies faced supply bottlenecks and production problems in the summer of 2022 after a drought and heat wave led to unusually low water levels on the Rhine.
Source: Hellenic Shipping News
