Shipbuilding News:

* COSCOCS considers ULC orders

* HHI records ‘zero’ NB sales in Jan

* Big3 yards offshore loss reach $5.6bn

* JMU delivers mega containership

Shipping News:

* Hanjin Shipping eyes asset sales to improve financial footing

* Lull in LPG shipments to India worsens strain on freight rates

Steel News:

* Dalian iron ore edges up as Shanghai steel cuts losses

Energy News:

* Oil prices fall as oversupply worries return

Biz China:

* China could raise budget deficit to 4% of GDP: central bank official  

* Baltic Dry Index

BDI      322         ()

+4

()

BCI      186          -3

0)

         (BPI      346

BSI      321        ()

+11

BHSI    206          ()

+3

* TC Avg ($/day)

BCI  5T/C     2,477          ()

-30

()

BPI  4T/C     2,778          +2

BSI  6T/C     3,354       ()

+112

* Exchange Rate

USD / KRW   1,234.8

USD / RMB    6.5318

* Crude Future ($/barrel)

WTI       32.19

Brent     34.39