Shipbuilding News 11/09
News Brief:
Shipbuilding News:
* Guangzhou Wenchong wins twin boxship order from Lomar Shipping
* Hyundai Samho wins PCTC quartet
* HHIC sells land asset
* “SHI offshore risk reduced”
* Korean yards' credit downgraded
* Korea tops new order contracting
Shipping News:
* Dry bulk shipowners faced with loss of USGC-China petcoke route
* Capesize freight rates in Australia-China routes over 50% cheaper than Brazil-China route
Steel News:
* Iron ore closes in on seven-year low on China woes
Energy News:
* Brent Oil prices may average $46/bbl in Q4 2015: Natixis
Biz China:
* Imports fall prompts call to draw back overseas consumption
* Baltic Dry Index
BDI 631 (-9)
BCI 1,003 (+1)
BPI 603 (-15)
BSI 571 (-13)
BHSI 323 (-5)
* TC Avg ($/day)
BCI 5T/C 7,358 (-16)
BPI 4T/C 4,823 (-115)
BSI 6T/C 5,971 (-133)
* Exchange Rate
USD / KRW 1,138.6
USD / RMB 6.3578
* Crude Future ($/barrel)
WTI 44.30
Brent 47.46
* Buker (Singapore, $/ton)
IF380 IFO180 MDO MGO
239.00 248.00 434.00 444.00
Shipbuilding News:
* Guangzhou Wenchong wins twin boxship order from Lomar Shipping
* Hyundai Samho wins PCTC quartet
* HHIC sells land asset
* “SHI offshore risk reduced”
* Korean yards' credit downgraded
* Korea tops new order contracting
Shipping News:
* Dry bulk shipowners faced with loss of USGC-China petcoke route
* Capesize freight rates in Australia-China routes over 50% cheaper than Brazil-China route
Steel News:
* Iron ore closes in on seven-year low on China woes
Energy News:
* Brent Oil prices may average $46/bbl in Q4 2015: Natixis
Biz China:
* Imports fall prompts call to draw back overseas consumption
* Baltic Dry Index
BDI 631 (-9)
BCI 1,003 (+1)
BPI 603 (-15)
BSI 571 (-13)
BHSI 323 (-5)
* TC Avg ($/day)
BCI 5T/C 7,358 (-16)
BPI 4T/C 4,823 (-115)
BSI 6T/C 5,971 (-133)
* Exchange Rate
USD / KRW 1,138.6
USD / RMB 6.3578
* Crude Future ($/barrel)
WTI 44.30
Brent 47.46
* Buker (Singapore, $/ton)
IF380 IFO180 MDO MGO
239.00 248.00 434.00 444.00