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1.Market Observations, 8.Was Sticky

6 Nov 2018 (TheAge) – Once mighty river reduced to a trickle

(6 November 2018, The Age, World, p12, Christopher Schuetze)

‘One of the longest dry spells on record has left a pivotal section of the Rhine River at record low levels for months.’ <snipped…>

‘Parts of the Danube and the Elbe — Germany’s other major rivers for transport — are also drying up. Some inland ports are idle, and it is estimated that millions of tons of goods are having to be transported by rail or road. With castles and vineyards dominating the river banks near Kaub, just eight kilometres from the Lorelei rock, named for a siren who was said to lure sailors to their deaths, it would be easy to forget how important the area is to German commerce. It is roughly halfway between the inland ports of Koblenz and Mainz, and virtually all freight shipped from seaports in the Netherlands and Belgium to the industrial southwest of Germany passes through here.’

Read more at TheAge.com.au

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