-+ 0.00%
-+ 0.00%
-+ 0.00%
Recently, the water level in the Hungarian section of the Danube has continued to drop, and the low water level seriously interferes with Danube shipping. Currently, Danube freight has basically stopped, and cruise ships from abroad are unable to reach Budapest. After the fall harvest, it is expected that Hungary will export large quantities of wheat, corn and other crops to foreign countries via the Danube. If the cargo ship is unable to fully load or leave the port at all, it will inevitably lead to an increase in logistics costs, a decline in profit margins, and damage to the competitiveness of Hungarian agricultural products.
Share
Listen to the news
Recently, the water level in the Hungarian section of the Danube has continued to drop, and the low water level seriously interferes with Danube shipping. Currently, Danube freight has basically stopped, and cruise ships from abroad are unable to reach Budapest. After the fall harvest, it is expected that Hungary will export large quantities of wheat, corn and other crops to foreign countries via the Danube. If the cargo ship is unable to fully load or leave the port at all, it will inevitably lead to an increase in logistics costs, a decline in profit margins, and damage to the competitiveness of Hungarian agricultural products.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending