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DAILY NEWS ANALYSIS

  • 17 August, 2022

  • 5 Min Read

The Rhine River

The Rhine River

Due to the exceptionally hot and dry weather, the Rhine river's water levels are quite low, making it difficult for many ships to travel the vital European commerce route with their cargo fully loaded.

About Rhine river

  • It is a western European canal that has played a significant role in the continent's culture and history. It is also among the most significant routes for industrial transportation worldwide.
  • It begins high in the Swiss Alps in two headstreams.
  • It empties into the North Sea through the Netherlands as it travels north and west from two minor headways in the Alps of east-central Switzerland.
  • Rhine River is a crucial route for a variety of goods, including wheat, chemicals, and coal.
  • It serves as a crucial connection between industrial manufacturers and international export terminals in North Sea ports like Rotterdam and Amsterdam, while canals and other rivers connect the Rhine to the Danube and enable shipping to the Black Sea.

Its impact on the German Economy:

  • Sipping cost has increased as more ships are needed to move consignments that would normally fit into a single vessel, adding to freight costs.
  • Shipping bottlenecks are another drag on the German economy, which is already grappling with high inflation, supply chain disruptions and soaring gas prices after Russia’s invasion of Ukraine in February.
  • The low Rhine water levels are expected to increase costs for chemicals companies such as BASF and could lead to production cuts.
  • Coal power plants – now back in fashion as an alternative to Russian gas supplies – also face supply shortages with boats unable to take on enough coal.

Also, Read - PIN Code History

Source: The Indian Express


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