Economy on the Rhine: IHK: Damage After Low Water Will Be Immense
20 Articles
20 Articles
The level at the narrow point in Kaub in Rhineland-Palatinate has still not increased so that shipping is economically meaningful. The chambers of industry and commerce demand more investment in waterways.
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The ongoing low water in the Rhine presents companies with challenges. Why the IHK in Rhineland-Palatinate warns of immense damage and what it demands.
The Transport Policy Representative of the Reynland-Palatinate Chamber of Commerce and Industry, Nicole Rabold, noted that "the situation is indeed critical." Her opinion was quoted by DPA. According to the Speaker, if the water level of the town of Cub in Reinland-Palatinate falls below 40 cm, it will not be possible for inland navigation to be economically viable.
KOBLENZ - The persistently low water level on the Rhine River is likely to cause significant economic damage in Germany this year, a regional spokeswoman for transport policy said on Sunday, DPA reports.
The ongoing decline in water levels on the Rhine River is likely to cause significant economic damage in Germany. Shipping on a key stretch of the Middle Rhine is collapsing and the cost of transporting goods is skyrocketing.
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