German Rhine's navigability improves, easing energy supply woes

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BONN (BLOOMBERG) - The water level at a key German chokepoint on the Rhine River jumped on Saturday (Aug 20), easing a crisis that'shampered energy and industrial production this month. Read more at straitstimes.com.

- jumped to 47cm by early afternoon on Saturday from 35cm a day earlier, according to the Federal Waterways and Shipping Authority.

An extended period of extremely hot, dry weather has depleted European rivers this summer, disrupting the transportation of goods and energy commodities at a time the region most needs alternative energy sources to gas. Shell's Rhineland refinery, Germany's biggest oil processing complex, has cut production this month and Ford Motor has curbed barge loading of vehicles from Cologne, though it's increased the frequency of shipments as an offset.

 

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