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Live Updates  >  Live Update Details

2026-07-16 18:34:11

[Rhine River Levels Rebound from Low Point, German Shipping Costs Double in Two Weeks] ⑴ Rainfall in southwestern Germany has pushed the Rhine River level up slightly from its low point, and inland shipping agencies expect it to continue rising in the coming days, providing some relief to the freight industry, which has been plagued by shallow waters. ⑵ The previous heat wave and lack of rainfall led to severely low water levels, allowing cargo ships to only partially load and requiring cargo to be distributed across multiple vessels, resulting in additional logistics costs for German industries in the early stages of recovery. ⑶ The navigable depth in the Kaub section was about 45 centimeters on Thursday, and agencies predict it will rise to 68 centimeters on Saturday, allowing ships to carry greater loads, but the actual depth will still be below normal levels. ⑷ Tanker-barge freight rates from Rotterdam to Karlsruhe have surged to about €115 per ton, nearly double the €65 at the beginning of the week, and a more significant increase from €45 at the end of June. (5) The Rhine River is a vital transportation artery for commodities such as grains, minerals, coal, and refined petroleum products. The summer drought and heatwave of 2022 led to abnormally low water levels, causing supply chain bottlenecks and industrial production problems. (6) While the current improved water levels have provided some relief, commodity traders point out that the fundamental problems are far from being resolved. Transportation costs are still rising, and if subsequent rainfall falls short of expectations, Germany's industrial recovery process may be further disrupted.

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