Shipbuilding News 2015/11/02
News Brief:
Shipbuilding News:
* YZJ wins Rickmers’ more feeders
* YZJ enters VLGC market?
* HHI bleeds more in 3Q due to cancellation
* HMD denies Greek MR TK order
* SHI not to "build overseas yard"
* Korean yards, “Dignified No.1”
Shipping News:
* Dry bulk market: Worse is still to come for many bulk carriers
* VLCC rates soften during past week, could head back higher in the coming days
Steel News:
* Iron Ore Sinks Deeper as China-Demand Fears Grow
Energy News:
* Oil prices steady following huge gains
Biz China:
* GDP growth targeted at 6.5 to 7% through 2020
* Baltic Dry Index
()
BDI 721-7
()
BCI 1,229 -25
()
BPI 675 -7
BSI 629 ()
-4
BHSI 349 ()
-2
* TC Avg ($/day)
BCI 5T/C 9,065 ()
-119
()
BPI 4T/C 5,398 -61
BSI 6T/C 6,575 ()
-44
* Exchange Rate
USD / KRW 1,138.6
USD / RMB 6.3154
* Crude Future ($/barrel)
WTI 46.37
Brent 49.50
* Buker (Singapore, $/ton)
IF380 IFO180 MDO MGO
240.00 251.00 429.00 439.00