News Brief:

Shipbuilding News:

* DSIC snatches pioneering VLEC quintet

* Mingde listed for online auction

* HHI bags compatriot VLGC duo

* STX unveils further restructuring plan

* Korea Eximbank lowers export fund

Shipping News:

* VLCC market looking like its usual ahead of holidays

* Asia-Europe Container Rates Rise Sharply

Steel News:

* China Steel Output Slumps to a One-Year Low as Prices Collapse

Energy News:

* Oil prices drop for seventh session on oversupply worries

Biz China:

* Growth hopes rise on key indicators

* Baltic Dry Index

BDI      522          ()

-12

()

BCI      779          -45

         ()

BPI      410 +2

BSI      451           ()

-4

BHSI    282           ()

-3

* TC Avg ($/day)

BCI  5T/C     6,799         ()

-382

()

BPI  4T/C     3,275          +17

BSI  6T/C     4,713           ()

-44

* Exchange Rate

USD / KRW   1,179.7

USD / RMB    6.4495

* Crude Future ($/barrel)

WTI       35.40

Brent     38.39

* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

187.00      199.50     363.50   373.50