Rivers are critical corridors that connect cities and ecosystems alike. When drought develops, water levels fall, making river navigation harder and more expensive.In 2022, water levels in some of the world’s largest rivers, including the Rhine in Europe and the Yangtze in China, fell to historically low levels.
Water levels on the river Rhine in Germany have risen sharply after rain this week, approaching normal levels and helping cool off cargo shipping rates, vessel brokers and commodity traders said on Thursday.Prices for cargo shipping are falling as vessels are able to load more freight, they said.
Water depths on the river Rhine in Germany have fallen after dry weather this week but remain well above the crisis lows of this summer, vessel brokers and commodity traders said on Friday.Rain is expected in south German river catchment areas over the weekend and next week, which is expected to raise water levels again, they said.
Water depths on the Rhine River in Germany have risen thanks to recent rain and are approaching normal levels after falling this summer to lows that disrupted transportation, vessel brokers and commodity traders said on Monday.But, since dry weather was forecast for much of this week, levels could fall again and the picture had not yet normalized, brokers said.
A.P. Moller-Maersk's towage operator arm Svitzer on Thursday said it will limit vessel speeds across its entire tug fleet after a speed reduction pilot program led to considerable emissions reductions.Svitzer's so-called Aim for 8 speed initiative—first trialed in the U.K. from late 2021—asks tug crews to navigate at a maximum speed of eight knots during mobilization and demobilization in an
Water levels on the river Rhine in Germany have risen after recent rain but are expected to fall again with mostly dry weather forecast in the coming days, ship operators said on Wednesday.Weeks of high temperatures and scant rainfall drained water levels in the river, a major German commercial transport artery, causing delays to shipping and pushing freight costs up.
Around 20 ships are stuck in traffic along Germany's river Rhine, where low water levels have already impeded shipping this summer, after a vessel's engine failure closed part of the waterway, authorities said on Wednesday.A vessel with a 1,660-ton load was forced to drop anchor due to an engine failure, closing traffic between St Goar and Oberwesel, river police said.
Water levels on the Rhine in Germany continue to fall in hot weather, sending shipping costs higher because vessels cannot sail on the river fully loaded, vessel brokers said on Friday.Freight shipping on the river continues but with vessels sometimes forced to sail 75% empty.Low Rhine water will also hit output from two German coal-fired power stations in the coming months.
A sightseeing boat and a water taxi collided on Thursday near Rotterdam's iconic Erasmus Bridge, local emergency services said, and six people were "helped out of the water".Images of the incident on social media showed the collision between the two vessels, with the smaller water taxi being pushed under water of the Nieuwe Maas river.
U.S. crude shippers are exporting huge amounts of oil to meet strong demand from Europe following Russia's invasion of Ukraine and subsequent sanctions against Moscow. In coming years U.S. oil may find even more buyers overseas, but that could test the capabilities of U.S. export infrastructure.How much crude does the United States typically export?U.S. crude exports averaged 3.
Guyana is in "no rush" to draft a new production sharing agreement (PSA) for offshore oil development, its Natural Resources minister told Reuters, reversing a year-long drive to devise new rules for future output.The government of South America's newest crude oil producer said in 2021 it was planning a new agreement to revamp terms and boost royalties for future oil and gas projects.
London’s marine insurance market on Monday added all of Russia’s waters to its list of areas deemed high risk, an advisory showed.Guidance from the Joint War Committee, which comprises syndicate members from the Lloyd’s Market Association (LMA) and representatives from the London insurance company market, is watched closely and influences underwriters’ considerations over insurance premiums.