News Brief:

Shipbuilding News:

* HT bags German PC trio

* Tsuneishi clinches 1st 2,700TEU order

* Seven yards make China’s new offshore white list

* F. Laeisz gets $65m financing deal from ICBC

* DSME sold non-core subsidiary

* "Losses will reduce next year"

Shipping News:

* Asia Dry Bulk-Capesize rates to nudge lower on dearth of Brazil cargoes

* Freight Index Slips in October

Steel News:

* Shanghai Steel Futures Slump to Record Low as Demand Falters

Energy News:

* Oil prices dive after EIA reports increase in supplies

Biz China:

* Central bank issues new bill, ships more cash through HK

* Baltic Dry Index

BDI      579           (-20)

BCI      881           (-65)

BPI      534           (-21)

BSI      533           (-10)

BHSI    307             (-4)

* TC Avg ($/day)

BCI  5T/C       6,655       (-407)

BPI  4T/C       4,269       (-166)

BSI  6T/C       5,570       (-110)

* Exchange Rate

USD / KRW   1,154.5

USD / RMB    6.3655

* Crude Future ($/barrel)

WTI       41.62

Brent     45.19

* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

228.00      238.50     425.00   435.00