HAMBURG (Reuters) - Heavy rain has raised water on the river Rhine in Germany to levels allowing cargo vessels to sail fully loaded, data from German inland waterways agency WSA said on Wednesday.
Data from the WSA’s website Pegelonline showed that the last shallow sectors of the river around Cologne had now reached levels generally permitting full vessel loads.
Dry weather in June meant the river became too shallow for vessels to sail fully loaded and ship operators imposed surcharges on freight rates to compensate for vessels sailing partly empty, increasing costs for cargo owners.
Commodity traders said full loads could now be taken on by ships along the entire river in Germany. Water at the chokepoint of Kaub had risen sharply allowing sailings with normal loads earlier this week.
“You cannot rule out low water problems again if the summer turns dry but I would not expect serious difficulties for the next few weeks,” one commodity trader said.
German industry is finding new ways to transport cargoes from coal to chemicals as increasingly frequent low water levels on the Rhine disrupt Europe's largest economy, major cargo shippers told Reuters.
The Rhine is an important shipping route for commodities such as grains, minerals, coal and oil products, including heating oil. German companies faced supply bottlenecks and production problems in the summer of 2022 after a drought and heat wave led to unusually low water levels on the Rhine.