News Brief:
Shipbuilding News:* Intermarine adds six more in China* Rongsheng Heavy Industries bulkers auctioned off* Export-Import Bank of China loans $1bn to Teekay* “SHI low profit to continue” * “DSME might have more losses” * Budget ready for passenger ship  

Shipping News:* China Shipping Development Co Lowered to “Sell” at Zacks* Tanker market frenzy set to continue over coming weeks

Steel News:* Dalian iron ore rallies as China returns from holiday

Energy News:* Oil prices rise amid falling dollar 

Biz China:* China’s economy in Q3 seen to grow 6.6% 
* Baltic Dry Index)BDI      817              (-24()BCI   1,598            -144            ()BPI      736 +27BSI      672               ()-4BHSI    382              ()-2 

* TC Avg ($/day) BCI  5T/C     11,169       () -1,024()BPI  4T/C       5,904         +224BSI  6T/C       7,028           ()-44
* Exchange RateUSD / KRW   1,165.2USD / RMB    6.3493
* Buk* Crude Future ($/barrel)WTI       49.69Brent     53.62

er  (Singapore, $/ton)  IF380      IFO180     MDO     MGO250.00      264.00     455.50   465.50