# Rising demand and lower water levels drive up barge charter rates - The Loadstar

> Barge charter rates in northern Europe have climbed as Germany moves coal by barge to power plants in anticipation of reduced Russian gas supplies. Some barges are also being repositioned on the Danube to move Ukrainian grain to the Black Sea, and low water adds constraints.

- Date: 2022-07-21 · published 2022-07-21T12:00:00.000Z
- Category: logistics · region Europe · magnitude low
- Page: https://feedsoft.ai/events/40675-rising-demand-and-lower-water-levels-drive-up-barge-charter-rates-the-loadstar
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Higher inland barge costs in Europe raise the cost of moving grain and feed in the region, and Danube repositioning for Ukrainian grain signals tight barge capacity.

## Read by commodity

- BARGE: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-07-31 | [LNG Charter Rates Rising to $200,000 a Day Ahead of Winter - Bloomberg](https://feedsoft.ai/events/35226-lng-charter-rates-rising-to-200-000-a-day-ahead-of-winter-bloomberg.md) | -1.2% | -3.2% |
| NATGAS | 2022-06-14 | [LNG outage exacerbates supply woes amid Asian restocking, firm European demand](https://feedsoft.ai/events/41139-lng-outage-exacerbates-supply-woes-amid-asian-restocking-firm-european-demand.md) | -23.8% | -24.1% |
| NATGAS | 2021-01-12 | [LNG Shipping Rates from U.S. Surge Record on Asia Buying Boom](https://feedsoft.ai/events/49024-lng-shipping-rates-from-u-s-surge-record-on-asia-buying-boom.md) | -4.8% | +12.9% |
| NATGAS | 2019-09-23 | [HSC Natural Gas Prices to Rise Amid Disconnect Between Surging Supply, Demand](https://feedsoft.ai/events/57256-hsc-natural-gas-prices-to-rise-amid-disconnect-between-surging-supply-demand.md) | -1.2% | -9.8% |
| NATGAS | 2022-09-27 | [Looming Feedstock Prices and Supply Constraints Pressurized the Methionine Prices in the U.S](https://feedsoft.ai/events/39911-looming-feedstock-prices-and-supply-constraints-pressurized-the-methionine.md) | -11.5% | -26.7% |

## Sources

- theloadstar.com: https://theloadstar.com/rising-demand-and-lower-water-levels-drive-up-barge-charter-rates/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.