CMA CGM Adds Inland Emergency Fee as Low Rhine Levels Cut Barge Capacity
CMA CGM will apply an inland emergency fee on shipments routed through Antwerp, Zeebrugge and Rotterdam as low water on the Rhine reduces barge capacity and lengthens dwell times.
Viking Holds $4 Billion in Cash and Sets a Four-Part Test for Acquisitions
Viking closed the second quarter with $4 billion in cash and an undrawn $1 billion revolver, and says any acquisition must beat the returns its own newbuildings generate.
Record Danube Lows Expose Wartime Wrecks And Halve Barge Cargoes
Water levels on the Danube have hit record lows across ten countries, cutting barge loadings, threatening power generation and exposing scuttled wartime wrecks near Prahovo.
Low Water Strands Viking River Cruise Ship In The Danube
A Viking river cruise vessel has run aground in the Danube after coming into contact with a sandbank in extremely low water, and efforts to refloat her are reported to have been unsuccessful.
Rhine heads toward historic low as barge traffic keeps moving
A forecast gauge reading of just 24 centimetres at Kaub on 1 August underscores the severity of this summer's drought, though inland shipping has not ground to a halt.
German industry bodies take calm view of early Rhine low water
Asked whether the current drought points to a recurring climate-driven pattern, both organisations played down the need for alarm.
Twente Board chair criticises Rijk's communication on Twentekanalen closure
Ank Bijleveld-Schouten says the full shutdown of the Twentekanalen was carried out without timely warning or a clear plan for shippers to fall back on.
Port of Deventer to close as IJssel water level nears critical low
The Port of Deventer will close from Saturday for an indefinite period after the municipality confirmed its lock will stop opening once the IJssel falls below a critical water level.
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