Posted on 04/14/2009 5:52:01 PM PDT by Vince Ferrer
A growing consequence of the drastic slowdown in global container trade is a massive stockpiling of empty containers in exporting countries.
In Shanghai, some 200,000 containers are piled up and the situation is similar in other China ports that in normal times funnel the products of the nation's export machine to consumer markets around the world. But with trade drying up — the Drewry research and consulting firm now predicts global container trade will shrink by 5.3 percent this year —- containers are idled by the millions, and they must be put somewhere. Shenzhen, another, major port for China's exports, has become a mountain range of empty containers.
new housing materials
Nice post Vince. Thanks.
China has stated the recession has had little impact on it. I’m not buying into that premise at all.
I think this has had a devastating impact on China, and it will become glaring when all is said and done.
Somewhere else though. More housing is the last thing we need here.
Now would be a good time to get a container for a storage unit... it would seem...
The way things are headed we're going to need more jail space, but we might be getting concentration camps instead.
I lived in one for 3 weeks in Vietnam. Not bad shelter in the monsoon.
Was it YOU who killed colonel Kurtz?
I did 2 years in a converted, armored 40-footer in Iraq. It had 2x15’ single rooms with a bathroom in between. We had it so good we were hated by the ‘shoebox people’ (smaller, non-plumbing containers).
“Was it YOU who killed colonel Kurtz?”
Ohh the horror, the horror.
You betcha! It's being done, and many of the results are impressive.
10 Clever Architectural Creations Using Cargo Containers: Shipping Container Homes and Offices (^) @ WebUrbanist
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