News Brief:

Shipbuilding News:

* BN Group to acquire SPP?

* HMD revenue up by 9.9%

* HHIC sells $118m land asset

* Shinhan Machinery changes name

* Orderbook to fleet ratio declines

Shipping News:

* Tankers: Worldscale rates to rise in 2016 as base rates drop

* Global Market Study on Shipping Containers: Reefers Segment to Witness Highest Growth by 2021

Steel News:

* Iron ore rises with rebar, but poised for 40 pct annual drop

Energy News:

* Analysts see 2016 oil price rise, while traders bet on fall

Biz China:

* China manufacturing PMI edges up in December

* 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   1,172.0

USD / RMB    6.5032

* Crude Future ($/barrel)

WTI       37.60

Brent     37.85

* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

172.50      182.00     334.00   336.00