News Brief:

Shipbuilding News:

* CMHI secures jack-up platform pair

* SHI in exclusive VLCC talk

* SPP welcomes M&A with shipbuilder

* Hanjin extends contract period for boxship

* Korea supports coastal ship construction loan

Shipping News:

* Baltic Dry Ship Index Tumbles to Fresh Record Amid China Turmoil

* Tankers could face headwinds going into 2016, at least in the long term says Danish Ship Finance

Steel News:

* China market sees Jan iron ore prices capped at $45/dmt despite H2 Dec rebound

Energy News:

* Oil prices fall even with spat between 2 big producers

Biz China:

* Growth to hit 6.7% due to woes in manufacturing, export

* Baltic Dry Index

BDI      468          (-5)

BCI      462         (-10)

BPI      466          (+2)

BSI      445           (-4)

BHSI    266           (-1)

* TC Avg ($/day)

BCI  5T/C     4,676         (-135)

BPI  4T/C     3,722         (+16)

BSI  6T/C     4,656           (-43)

* Exchange Rate

USD / KRW   1,187.7

USD / RMB    6.5314

* Crude Future ($/barrel)

WTI       36.18

Brent     36.64

* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

177.50      180.00     319.00   329.00