Shippers using Europe’s inland waterways are facing “phenomenal” surcharges and the prospect of cargo going undelivered, as barge operators contend with low water levels.
On Friday, Contargo announced €175 ($203) and €225 ($261) surcharges for 20ft and 40ft containers, respectively, if water levels dip below 80cm, as has been forecast, claiming its costs would increase as a result.
“Water level gauges on the Rhine are continuing to go down. In the next …

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Source: The Loadstar