Shipbuilding News 2015/11/10

Shipbuilding News:

* Huatai won from Germany four container vessels

* COMEC clinches Swedish MR TK order

* DaeSun confirms 1,800 teu duo

* “HHIC to report profits in Q4”

* LNG bunkering TK marketing started


Shipping News:

* East African product tanker demand could see a major boost on increased demand

* Dry bulk shipowners faced with loss of USGC-China petcoke route


Steel News:

* Korean Big3 steel makers face restructuring


Energy News:

* Long-term oil market fundamentals robust despite price drop, Saudi says


Biz China:

* China-Africa trade approaches $300 billion in 2015


* Baltic Dry Index

)

BDI      628             (-3

()

BCI   1,021           +18

          ()

BPI      589 -14

BSI      562             ()

-9

BHSI    319             ()

-4


* TC Avg ($/day)

BCI  5T/C       7,518      ()

+160

()

BPI  4T/C       4,706       -117

BSI  6T/C       5,874         ()

-97



* Exchange Rate

USD / KRW   1,154.1

USD / RMB    6.3602


* Crude Future ($/barrel)

WTI       44.08

Brent     47.32


* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

236.00      247.00     432.50   442.50