German Shipper To Halt Rhine Operations As Water Level Drops Below Critical

"From the last update, the water level on the Rhine River at Kaub, Germany, has fallen one 40 inches, below the critical level of 15.7 inches to 15.3 inches. 

Now the shipping industry is in disarray as low water levels mean barges can no longer transit parts of the river. Contargo GmbH & Co. KG said it would discontinue transport service on the middle and upper Rhine due to low water levels. 

Water levels on the Rhine River are set to drop below a critically low point by the end of this week, making it increasingly difficult for barge transport of goods -- including crude oil and coal -- as one of the worst energy crises in decades batters Europe." ZeroHedge