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