Rhine Nears Record-Low Water Levels: Freight Shipping Remains Ongoing
Current Situation and Impact on Freight Shipping
Water Levels and Navigation Challenges
HAMBURG, July 30 (Reuters) - Water levels on the Rhine river in Germany have again fallen in a heatwave and dry weather and are approaching record lows, the country’s inland navigation agency said on Thursday, but freight vessel operators said they are continuing sailings.
Recent Measurements and Forecasts
• Inland navigation agency WSV said the navigable water depth at the chokepoint of Kaub near Koblenz was 29 cm (11.4 inches) on Thursday, approaching the previous record low of 25 cm in 2018. The depth at Kaub could touch 26 cm between Thursday and Monday but is expected to hold above the record low, the agency forecast.
Requirements for Vessel Navigation
• Vessels generally need a navigable depth of 1.5 metres at Kaub to sail fully loaded. The river is deeper than the navigable depth.
Economic Impact and Shipping Adjustments
Reduced Cargo Loads and Increased Costs
• Shallow water means cargo vessels are often only able to sail partly loaded on the river, with extra surcharges increasing costs for cargo owners. Loads must be spread among several vessels sailing part loaded, also increasing costs and creating an unwelcome extra expense for German industry currently showing signs of recovery.
Current Shipping Capacity and Operations
• Cargo ships continue to sail but are currently only around 20% full, said Roberto Spranzi, director of the German DTG shipping cooperative which operates about 100 inland waterways freight vessels.
• This means four to five times as many ships are currently needed to transport usual cargo volumes, he said.
Freight Rates and Commodities Affected
• The cost of tanker barge transport from Rotterdam to Karlsruhe, Germany, rose to around €145-€150 ($165.84-$171.56) a ton on Thursday from €45 at the end of June, commodity traders said.
• The Rhine is an important shipping route for commodities such as grains, minerals, ores, coal and oil products, including petrol.
Historical Context and Previous Disruptions
• German companies faced supply bottlenecks and production problems in summer 2022 after a drought and heatwave led to unusually low Rhine water levels.
(Reporting by Michael Hogan in Hamburg and and René Wagner in Berlin; editing by Christian Schmollinger)
