August 15, 2022 13:22 GMT
Jet fuel deliveries by barge to Germany's Frankfurt airport have been reduced in recent days because of extremely low water levels on the Rhine.
- A limited number of barges are arriving at Frankfurt airport according to German airline Lufthansa as reported by Argus. A jet fuel shortage at Frankfurt is unlikely, as it also receives fuel through the Nato and RMR pipelines, both of which are pumping jet at full capacity.
- Dry weather has resulted in low water levels at the key point on the Rhine at Kaub with reports this morning that the level has fallen to 30cm. Some rainfall is expected in the coming days which could raise the level by 10cm.
- Jet fuel barge trading has reportedly stalled in recent days, and barge prices have risen from 49$/t on Jul 27 to 54.75$/t on Aug 10.