" Dunedin-based DCB International director Mark Willis said a recent photograph of vessels at anchor in Singapore, one of the world's busiest ports, underscored the extent of the global downturn.He said while many of the ships at anchor were smaller "feeder" and "tramp" vessels, they would normally be delivering domestic cargoes to fill Europe and US-bound ships which can carry 8000-10,000 containers each - a size of ship New Zealand harbours can not host.
He confirmed up to 80% of Singaporean vessels were anchored up, and space was being sought to store 200,000 containers, By comparison, that is the entire year's container volume across Port Otago's wharves."
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