Shipbuilding News 2015/12/01

News Brief:


Shipbuilding News:

* Korean 'Big3' yards vie for LNGCs

* K-sure provides loan to DSME

* DSME delays PFLNG-1 delivery

* SHI completes 1st BGT 170K LNGC

* Korea tops global NB orders


Shipping News:

* West African Suezmax tanker market could see boost thanks to 2016 Olympics

* LNG shipping spot market showing first signs of recovery say ship owners


Steel News:

* Iron ore swaps plunge leaves 2016 FOB brazil prices near low $20S/Dmt


Energy News:

* Oil prices fall ahead of OPEC meeting


Biz China:

* Free trade agreement with South Korea clears hurdle


* Baltic Dry Index

)

BDI      584             (+3

()

BCI   1,007           +18

           ()

BPI      453 -3

BSI      469            ()

+2

BHSI    285            ()

+2


* TC Avg ($/day)

BCI  5T/C       8,486       ()

+90

()

BPI  4T/C       3,623        -21

BSI  6T/C       4,903       ()

+19



* Exchange Rate

USD / KRW   1,157.7

USD / RMB    6.3973


* Crude Future ($/barrel)

WTI       41.73

Brent     44.62


* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

215.50      226.50     412.50   422.50