In the current inflationary environment and with Europe’s energy challenges, it could make non-damage business interruption coverage even more important for companies across the region this year. It’s worth considering the economic ramifications of a slowdown in Rhine river traffic and trade, as this can cause inflationary effects on goods from building materials to energy.Ī previous period where the Rhine became less easy to navigate due to low water levels was said to have caused a 0.5% hit to German GDP. In those cases traditional insurance covers may not provide as much compensation as risk managers would like to receive, making a supplementary parametric cover based on publicly available river gauge data an effective complementary risk transfer tool. Of course, very low river levels due to prolonged drought, or heat spells, can also drive insurable losses to property, as well as through supply chain risk. Which is a non-damage business interruption risk, driven by climate and the environment, one of those that parametric insurance can often be so effective at covering. In addition, when the river levels are lower the costs to ship increase and in the case of the Rhine in Germany there are additional levies to pay for cargo to be carried when water levels drop below a certain level, or multiple vessels may be used to lighten loads and allow ships to traverse shallower waters.Īs a result, companies seeking to ship their goods, or expecting delivery of goods, by water on the Rhine, can face higher expenses and costs when the river level falls. Low water levels have significant ramifications for shipping and the supply of goods, with companies likely to pay more for alternative methods of transportation. Low water levels mean ships cannot travel as heavily laden as they would, raising costs and according to a recent Bloomberg report should the level get to 40 centimetres it would be considered uneconomical for commodities or any heavy good to be transported by river.Ī significant percentage of Germany’s shipped cargo navigates the Rhine at some stage in its journey, meaning a very low river level can put very high trade values-at-risk. Water levels in the Rhine are currently forecast to drop much further: This is said to be the lowest water level at this bottleneck since at least 2007, according to German government data and even now this is having a costly impact to shipping on the river Rhine. *The tour is only bookable for at least 2 people.Water levels in Germany’s river Rhine have dropped to levels that are now concerning shipping and transport companies, as well as those looking to trade and receive goods using the waterway, with levels forecast to decline close to where we understand parametric triggers for insurance have been set.Īs of this morning, Thursday July 21st, the water level at the Kaub bottleneck, a notorious and more shallow point along the Rhine and which is typically quickest to become impassable, are reported at 71 centimetres, having fallen to just 68 centimetres late yesterday. Second pair of shoes (which can get wet) Transfer to starting point / back to the base
Rafting Duration (time on the river): 6h Quiet border river between Germany and Poland, embedded in untouched nature, with small rapids We will take the bikes back to Rothenburg.
At the next weir, the Reisig Weir, you can experience the real rafting feeling, as well as big rapids, before you reach the endpoint in Rothenburg.įrom there you will be brought back to the meeting point, where a barbecue buffet is awaiting you. On the way back, you have to master three smaller heels and carry the boat around the Nieder Neundorfer Wehr. Then the path continues via the Polish village Bielawa and back to Penzig, where your boats are already waiting for you. From there we first cycle over to Zentendorf and cross the pontoon bridge to the other side of the Neisse. We meet at our base, where you will find plenty of available parking. This self-guided tour is also taking place internationally and takes you back to Germany via Poland. A combination of cycling and rafting fun, many strong rapids and the natural gradient of the Neisse await you on this tour.
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