Holger Zschaepitz(@Schuldensuehner):Good Morning back from Germany, where the Rhine is running dry and the econ consequences are getting real. The gauge at Kaub has fallen to just 10cm, near record lows. Covestro has now declared force majeure for some products from its Dormagen plant as barges can no longer carry enough cargo. Evonik is also feeling the squeeze, Salzgitter is shifting coal to rail and Uniper reports lower hydro output. One barge can require up to 150 trucks to replace it. Germany’s industrial artery is turning into another supply-chain bottleneck.

Holger Zschaepitz

@Schuldensuehner

Holger Zschäpitz is market maniac @Welt and Author of 'Schulden ohne Sühne?' a book on states' addiction to debt. Pics:

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Holger Zschaepitz@Schuldensuehner

2026.08.13 08:46

Good Morning back from Germany, where the Rhine is running dry and the econ consequences are getting real. The gauge at Kaub has fallen to just 10cm, near record lows. Covestro has now declared force majeure for some products from its Dormagen plant as barges can no longer carry enough cargo. Evonik is also feeling the squeeze, Salzgitter is shifting coal to rail and Uniper reports lower hydro output. One barge can require up to 150 trucks to replace it. Germany’s industrial artery is turning into another supply-chain bottleneck.

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