Nuclear reactors are shutting down, cargo barges are stuck and tourists eager to swim are met with a roar. For the third time in a decade, the levels of the Danube, Rhine and other major rivers are extremely low. The summer season is already over for boat trips, says houseboat owner Radovan Segrt.
WorldThe Strait of Hormuz is to be reopened - but it may be too early to breathe a sigh of relief, says Professor Johan Woxenius. Those who need to be convinced are the insurance companies, shipping companies and captains on board who decide whether they dare to sail or not, he says.
BusinessEven if the Strait of Hormuz were to open, it could take months before the logistics of container traffic are restored. "It takes a long time before all the ships and containers are in the right place in the right port," says Professor Johan Woxenius.
BusinessSwedish shipping companies risk higher harbour fees in the USA and few want to invest when the customs policy continues to change. Uncertainty is the most expensive for the shipping companies, it paralyses in some way, says Johan Woxenius, professor in logistics.
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