Shipbuilding News 2015/11/23

News Brief:


Shipbuilding News:

* HHI clinches Suezmax TK deal

* Woori exits Sungdong creditor group

* STX labors approve rescue plan

* Korea still shows upturn in new orders

* "Korea shows firm will on restructuring"


Shipping News:

* Baltic ship index at all-time low on vessel glut, China demand drop

* Asia-Europe Box Rates Plunge 28 pct


Steel News:

* Iron Ore Bludgeoned to Record Low in Asia on China Steel Concern


Energy News:

* Oil traders race to dump prompt Cushing barrels


Biz China:

* China to boost consumer services to shore up growth


* Baltic Dry Index

)

BDI      498           (-6

()

BCI      606         -13

         ()

BPI      463 -5

BSI      472           ()

-7

BHSI    288           ()

-2


* TC Avg ($/day)

BCI  5T/C       5,211      ()

-69

()

BPI  4T/C       3,696      -41

BSI  6T/C       4,934      ()

-78



* Exchange Rate

USD / KRW   1,156.9

USD / RMB    6.3867


* Crude Future ($/barrel)

WTI       41.49

Brent     44.46


* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

218.00      228.50     412.00   422.00