News Brief: Shipbuilding News: * Huangpu wins asphalt carrier duo * SWS to build China’s first cruise ship * COSCO wins Aframax TK duo * Navig8 orders more TKs from STX * Support for STX to be confirmed * Korea NB orders lowest in 6 years Shipping News: * Dry bulk FFA market: ‘Been down so long…’ * Asia-N.Europe freight rates drop 50.4 percent Steel News: * Desperate Chinese steelmakers dump iron ore stocks Energy News: * OPEC Internal Report Warns Oil Prices to Remain Depressed Biz China: * Investors look for economic lift * Baltic Dry Index BDI 563 () -11 () BCI 890 -41 () BPI 433 -5 BSI 469 () -1 BHSI 286 (0) * TC Avg ($/day) BCI 5T/C 7,863 () -326 () BPI 4T/C 3,458 -47 BSI 6T/C 4,903 () -14 * Exchange Rate USD / KRW 1,156.8 USD / RMB 6.3985 * Crude Future ($/barrel) WTI 40.10 Brent 43.26 * Buker (Singapore, $/ton) IF380 IFO180 MDO MGO 204.50 219.00 397.00 407.00