Germany to invest in inland waterway infrastructure; likely to support steel shipments

May 21, 2019 / www.metalbulletin.com / Article Link

The German federal government is planning to invest "billions of euros" to improve inland waterway transport in a move welcomed by German steel federation WV Stahl.

"It is a real step [forward] for the federal government to focus on strengthening inland waterway vessel transport," WV Stahl president Hans J? 1/4 rgen Kerkhoff said on Monday May 20, noting that around one-fifth of the transport volumes on German waterways are related to the steel industry.Germany's federal transport minister Andreas Scheuer aims to increase the transportation capacity of German inland waterways."Self-propelled barges with a capacity of 3,000 tonnes can replace up to 150 heavy goods [road] vehicles. There is huge potential here and we want to make...

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