Shipbuilding News 2016/03/23
News Brief:
Shipbuilding News:
* KDB to assist large containerships
* HHI develops world’s first flame-retarding insulation
* Korea's 1st FRU completes gas trial
* NB deliveries up in Jan-Feb
* Sasebo wins Greek Aframaxes
Shipping News:
* COSCO International says overall performance remains stable; Dividend payout ratio increases to 73%
* Dry bulk market improvement brings ship price decreases to a halt, as S&P market finds new balance
Steel News:
* Vale Signs Iron Ore Shipping Deal To China for 16 million mt/year
Energy News:
* Oil prices fluctuate after Brussels attacks
Biz China:
* IMF denies pressing China for more currency data
* Baltic Dry Index
BDI 398 (0)
()
BCI 186 -11
()
BPI 455 -4
BSI 464 ()
+4
BHSI 264 ()
+2
* ()
TC Avg ($/day)
BCI 5T/C 1,994 ()
-37BPI 4T/C 3,644 -34
BSI 6T/C 4,848 ()
+41
* Exchange Rate
USD / KRW 1,159.5
USD / RMB 6.4936
* Crude Future ($/barrel)
WTI 41.19
Brent 41.56
* Buker (Singapore, $/ton)
IF380 IFO180 MDO MGO
182.00 190.00 348.00 358.00