Shipbuilding News 2015/10/21
News Brief:
Shipbuilding News:* K-sure to assist Sungdong* Coordinator selected for SPP sale* Daehan successfully recovered early* DSME ranks the world top for 11 months* DSME to cut up to 400 managers* Industrial restructuring commenced in Korea
Shipping News:* Shipbroker sees Capesize rates easily reaching $25,000/day by year-end* China VLCC sells two
Steel News:* Dalian iron ore steadies after weak China GDP; China steel output drops
Energy News:* Oil prices plunge amid strong U.S. dollar
Biz China:* China's industrial output up 5.7% in September
* Baltic Dry Index)BDI 747 (-7()
BCI 1,312 -6 ()
BPI 710 -12BSI 656 ()-2
BHSI 371 ()-5
* TC Avg ($/day) BCI 5T/C 9,137 () -93()
BPI 4T/C 5,694 -95
BSI 6T/C 6,861 ()-21
* Exchange RateUSD / KRW 1,125.3USD / RMB 6.3614
* Crude Future ($/barrel)WTI 46.25Brent 48.83
* Buker (Singapore, $/ton) IF380 IFO180 MDO MGO235.00 248.50 432.00 442.00
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