HAMBURG, April 18 (Reuters) – Water levels on the Rhine and Danube in Germany remain low despite recent rain and freight vessels cannot sail fully loaded on the German sections of the rivers, traders said on Tuesday.
The Rhine is too shallow for normal sailings south of Duisburg and Cologne to Switzerland, traders said.
Weekend rain had helped raise both rivers but water levels remain well below minimum levels for full loadings. The rivers have been shallow since the first week of April.
Shallow water means vessel operators impose surcharges on freight rates, increasing costs for cargo owners.
Rain and snow in river catchment areas in south Germany and Switzerland this week could help raise water levels, they said.
A Russian Navy frigate equipped with new generation hypersonic cruise missiles has conducted drills in the English Channel and is carrying out tasks in the Atlantic Ocean, Russian news agencies reported on Tuesday.
(Bloomberg) — Chinese lawmakers got a head start on the US election this week as they gathered to vote on the largest fiscal package since the pandemic. But now that...
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
November 7, 2024
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