News Brief:

Shipbuilding News:

* Sainty Marine warns of delisting on continuing losses

* Chinese Shipyards See New Orders Fall by Almost Half in 2015

* The good and bad outlook for Chinese shipbuilding

* HHI has bagged Minerva Suezmax duo

* DSME launches 1st ice-breaking LNGC

Shipping News:

* BDI breaks 300pt level first time ever

* VLCC market weakens across the board

Steel News:

* Dalian iron ore futures surge over 4 pct, but gains seen short-lived

Energy News:

* Oil stays under pressure as Iran orders sharp rise in crude output

Biz China:

* China's economic growth down but within 'reasonable' range

* Baltic Dry Index

BDI      369          ()

-4

()

BCI      197          -1

)

        (BPI      375 -6

BSI      388          ()

-6

BHSI    243          ()

-2

* TC Avg ($/day)

BCI  5T/C     2,730          ()

-18

()

BPI  4T/C     2,999          -50

BSI  6T/C     4,060          ()

-65

* Exchange Rate

USD / KRW   1,212.5

USD / RMB    6.5596

* Crude Future ($/barrel)

WTI       29.08

Brent     28.70

* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

147.50      152.00     267.50   277.50