News Brief:

Shipbuilding News:

* Shandong secures facility

* Sinopacific delivers PSV trio

* Dae Sun successfully secured MR orders

* Shinhan Bank leaves STX creditor group

* "Korean shipbuilding to remain in downturn"

Shipping News:

* China Approves Second Shipping-Related Merger This Month

* Final deals of the year taking place, as ship owners prepare for 2016

Steel News:

* Iron ore up for second week but caution prevailsIron Ore Glut Eases, But Price Pain Still Ahead On Soft China Demand: Axiom

Energy News:

* Oil holds near multi-year lows

Biz China:

* PMI likely to contract for 5th straight month

* Baltic Dry Index

BDI      478          (0)

(0)

BCI      470          

0)

        (BPI      462

BSI      450          (0)

BHSI    270          (0)

* TC Avg ($/day)

BCI  5T/C     4,965         (0)

(0)

BPI  4T/C     3,692        

BSI  6T/C     4,703         (0)

* Exchange Rate

USD / KRW   1,167.7

USD / RMB    6.4895

* Crude Future ($/barrel)

WTI       37.36

Brent     37.29

* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

171.00      184.00     323.00   333.00