Shipbuilding News 2016/03/21
News Brief:
Shipbuilding News:
* COSCO wins one Self-Elevating Workover Unit
* Chinese NB orders plummeted
* HHI wins two Suezmax tankers
* HVS wins MR tanker duo?
* "SHI can turn to black this year"
Shipping News:
* Dry bulk FFA market: Bottom of the market to you!
* US transatlantic eastbound rates rise on more traffic
Steel News:
* Iron ore rallies with Shanghai steel on China property boost
Energy News:
* Oil prices retreat on profit-taking
Biz China:
* Chinese vice premier urges stronger structural reform
* Baltic Dry Index
BDI 395 ()
+3
()
BCI 197 +19
()
BPI 463 -4
BSI 449 ()
+4
BHSI 260 ()
+2
* ()
TC Avg ($/day)
BCI 5T/C 2,036 ()
+51BPI 4T/C 3,716 -33
BSI 6T/C 4,699 ()
+51
* Exchange Rate
USD / KRW 1,161.3
USD / RMB 6.4824
* Crude Future ($/barrel)
WTI 39.06
Brent 41.31
* Buker (Singapore, $/ton)
IF380 IFO180 MDO MGO
182.00 192.00 345.00 355.00