Free Trial

Rhine River to Expect Sailing Ban Next Week: Riverlake

ENERGY

Rhine river water levels are forecast to rise early next week, which could trigger a sailing ban on parts of the river, Mitchell van der Hoeven, broker at Riverlake, said, cited by Bloomberg.

  • Water levels at Kaub are forecast to exceed Marke II – 7.6m – which would cause a sailing ban that is expected to remain in place for test of the week according to Riverlake.
  • Rhine river levels at the Kaub measuring point fell for a third consecutive day to 5.69m on Friday, down from 5.96m on Thursday, WSA data showed.
  • Levels at Kaub remained above the seasonal norm of 1.982m.
  • The Rhine river in south Germany reopened to cargo shipping on Friday, as water levels dropped for the third consecutive day according to the WSA, cited by Reuters.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.