Shipping on the Danube is Far Below its Potential

BusinessEconomy ♦ Published: April 23, 2011; 16:03 ♦ (Vindobona)

Capacities are only being utilized in modest proportions on Austria’s main waterway. Investments in expansion would be necessary.

Shipping on the Danube is Far Below its Potential / Picture: © Vindobona.org

Criticism of the "Danube Strategy" of the EU is loud. Officially, the paper should be a traffic driver between the Danube countries, from Germany to Romania. A total of 14 countries are involved; the projects are to be financed from EU funds.

The Romanian port of Constanza has great interest in such an expansion of the waterway. “The transport of goods between the port of…