Water levels on the Rhine in Germany continue to fall in hot weather, sending shipping costs higher because vessels cannot sail on the river fully loaded, vessel brokers said on Friday. Freight shipping on the river continues but vessels are sometimes forced to sail 75% empty. Low Rhine water will also hit output from two German coal-fired power stations in the coming months. read more The water level is particularly low at the chokepoint of Kaub near Koblenz. The reference waterline level at Kaub was only 56 centimeters on Friday, vessels need about 1.5 metres of waterline to sail fully loaded. Spot prices for a liquid tanker […]