Veteran Barge Company Says Business on Upper Rhine Is at Risk
- Kaub water marker is hovering above 30 centimeter level
- At that depth 90% of Jaegers’ fleet can’t sail past that point
A chemical tanker passes a ferry boat on the River Rhine near Pfalzgrafenstein castle in Kaub, Germany.
Photographer: Ben Kilb/BloombergThis article is for subscribers only.
A veteran Rhine shipping company said its business on the Upper Rhine is at risk as water levels drop.
Of the roughly 150 tanker barges that Jaegers Group has on the river, no more than about 10% would be able to carry goods through the key waypoint of Kaub with the water marker at 30 centimeters (11.8 inches). Currently, the figure at that point in the river is 32 centimeters.