News Brief:

Shipbuilding News:

* Changhong shipyard bags order for feeder boxship

* China yards see new orders slump 75% in first two months of 2016

* Korean shipyard union decide joint struggle

* Korea holds workshop for industry strategy

* Newbuilding activity grinds to a halt

Shipping News:

* China’s coastal coal freights stop moving up in week to March 29

* Asia-Europe container rates down 80%

Steel News:

* Yards keep eyes on steel price rising

Energy News:

* Oil prices drop amid ample supplies

Biz China:

* China's foreign service trade deficit narrows

* Baltic Dry Index

BDI      409        ()

+3

()

BCI      207        +4

()

BPI      471        +5

BSI      474        ()

+1

BHSI    270        ()

+2

* TC Avg ($/day)

BCI  5T/C     2,099       ()BPI  4T/C     3,772       ()

+17

+41

BSI  6T/C     4,960       ()

+16

* Exchange Rate

USD / KRW   1,163.0

USD / RMB    6.4841

* Crude Future ($/barrel)

WTI       38.54

Brent     40.13

* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

183.00      193.00     340.00   350.00