10/25/2018 6:16:00 AM
Source: Business Insurance
Drought and low river water levels in Germany have forced shippers to suspend commercial transport operations along the River Rhine and Elbe, TheLocal.de reported citing Agence France-Presse. Oliver Grossmann, head of Germany-based shipping firm CTS Container-Terminal GmbH, said that hundreds of containers have piled up at the Port of Cologne as rail transport is insufficient to manage the extra load. The drought has disrupted supply-chains and hampered production at several companies including engineering giant Thyssenkrupp A.G., chemicals company BASF S.E., and power utility RWE A.G.