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Rising Rhine Water Levels to Ease Barge Disruption
The limitation on the capacity of barges traveling through the key waypoint through Kaub on the Rhine is set to ease as river level rises due to above average rainfall in NW Europe in the coming days.
- Vessels carrying diesel-type fuel can currently carry less than half their full capacity at about 1,100 tons but should rise to about 2,200 tons early Saturday. The measured water level at Kaub was as low as 91cm earlier on Tuesday, well under half the 10-year seasonal average. The measured level is forecast to rise to 194cm early on Saturday morning.
- Low water levels on the Rhine due to the mild winter and current lack of precipitation have been disrupting barge traffic in the last couple of weeks and forcing up the cost of shipping.
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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.