News Brief:

Shipbuilding News:

* New Yangzi wins Bangkok Max boxship duo

* HMD faces new LPGC deal

* SPP fails in RG for NB tanker octet

* Korea to block low price order

* "Korea to see 27% drop in NB orders"

Shipping News:

* CSSC pays $30m for 18-year-old VLCC

* Dry bulk ship values retreated by at least 20% since mid-August says shipbroker

Steel News:

* China steel export volumes slumped in October

Energy News:

* Oil prices drop amid ample supplies

Biz China:

* China's industrial output up 5.6% in October

* Baltic Dry Index

)

BDI      599           (-23

()

BCI      946           -72

         ()

BPI      555 -20

BSI      543           ()

-11

BHSI    311            ()

-5

* TC Avg ($/day)

BCI  5T/C       7,062       ()

-481

()

BPI  4T/C       4,435       -158

BSI  6T/C       5,680       ()

-112

* Exchange Rate

USD / KRW   1,154.8

USD / RMB    6.3628

* Crude Future ($/barrel)

WTI       43.04

Brent     46.74

* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

235.50      246.00     428.50   438.50