Shipbuilding News 2015/12/29
News Brief:
Shipbuilding News:
* Callimanopulos orders more TKs
* GMI to axe BC orders
* HHI finalizes 2015 wage agreement
* HMD denies MR order
* "DSME needs more capital increase"
Shipping News:
* China Shipping Shares Diverge After Consolidation Plan
* Survival of fittest for dry bulk shipping firms in 2016
Steel News:
* Iron ore up for second week but caution prevails
Energy News:
* Oil prices plunge amid renewed oversupply worries
Biz China:
* China to raise budget deficit ratio in 2016
* Baltic Dry Index
BDI 478 (0)
BCI 470 (0)
BPI 462 (0)
BSI 450 (0)
BHSI 270 (0)
* TC Avg ($/day)
BCI 5T/C 4,965 (0)
BPI 4T/C 3,692 (0)
BSI 6T/C 4,703 (0)
* Exchange Rate
USD / KRW 1,165.0
USD / RMB 6.4864
* Crude Future ($/barrel)
WTI 36.70
Brent 36.59
* Buker (Singapore, $/ton)
IF380 IFO180 MDO MGO
172.50 181.50 327.50 337.50