Shipbuilding News:

* China Shipbuilding Industry Co. says 3 unprofitable units to be handed over to parent

* Daewoo Shipbuilding forms task force on risk management

* STX Heavy turns a profit

* Korea Ratings comments on domestic yards

Shipping News:

* Asia Dry Bulk-Capesize rates to remain steady as vessel scrapping, idling increases

* Baltic index up for tenth straight session on steady demand for smaller vessels

Steel News:

* Dalian iron ore futures extend gains on firmer steel prices

Energy News:

* Oil prices dip on continued oversupply, despite news of meeting to freeze output

Biz China:

* China's home prices continue upward trend

* Baltic Dry Index

BDI      325         ()

+3

()

BCI      182          -4

0)

         (BPI      346

BSI      328         ()

+7

BHSI    209         ()

+3

* TC Avg ($/day)

BCI  5T/C     2,457          ()

-20

(0)

BPI  4T/C     2,778            

BSI  6T/C     3,432         ()

+78

* Exchange Rate

USD / KRW   1,236.1

USD / RMB    6.5338

* Crude Future ($/barrel)

WTI       33.04

Brent     35.48