Shipbuilding News 2015/11/06
News Brief:
Shipbuilding News:
* CSIC bags large order of Sinotrans
* Landmark Capital LNGC builder changed
* DSME borrows short money
* More rescue is expected for DSME
* SHI revises 3Q results, turning into loss
* SK denies rumors on buying troubled Daewoo Shipbuilding
Shipping News:
* New VLGCs taking toll on freight rates, open US LPG arbitrage
* Glut of container capacity torpedoes shipping fees
Steel News:
* Iron ore at near 4-month low as China steel struggles
Energy News:
* Oil prices dive as inventories add
Biz China:
* No exact date has been set for IMF SDR basket review in Nov
* Baltic Dry Index
)
BDI 657 (-23
()
BCI 1,043 -56
()
BPI 636 -17
BSI 596 ()
-13
BHSI 333 ()
-6
* TC Avg ($/day)
BCI 5T/C 7,638 ()
-480
()
BPI 4T/C 5,085 -137
BSI 6T/C 6,230 ()
-140
* Exchange Rate
USD / KRW 1,129.5
USD / RMB 6.3381
* Crude Future ($/barrel)
WTI 46.60
Brent 48.84
* Buker (Singapore, $/ton)
IF380 IFO180 MDO MGO
247.00 256.50 450.50 460.50