It depends on the circumstances of course but a large ship moving too fast can be brought under control using the anchors. I was on the bow of the Spirit (244 meters) coming into Hong Kong many years ago.
I don’t know what was happening in the wheel house but from the bow it seemed we were going too fast and were about to take out a container crane or two. The captain ordered the stbd anchor dropped. I ordered the bosn to open the brake, let a couple shots run out and set the brake. The chain was maybe 30 or 40 degrees from horizontal.
We spun around right quick, the turn is what takes the speed off, not the anchor. The anchor down moves the pivot point way forward.
This ship is the one the was the subject of the thread:
Pasha to use laid-up ship to deliver water to Puerto Rico