News Brief:

Shipbuilding News:

* SHI FLNG deal terminated

* Creditors demand self-rescue plans

* Big3 shipyards to hire 400 new workers

* S. Korean shipbuilders in trouble, but still in global top ranks

* MHI made additional loss from cruise ship

Shipping News:

* Asia Dry Bulk-Capesize rates to hold near 5-month high on stable cargo volumes

* Shipping companies see rise in Baltic Dry Index as a blip

Steel News:

* Steel prices have fallen 27-30 percent in two years

Energy News:

* Oil prices keep rising on weaker U.S. dollar

Biz China:

* Chinese banks under pressure as bad loans rise

* Baltic Dry Index

BDI      710          (-5)

BCI   1,137        (-23)

BPI      685        (-19)

BSI      578        (+5)

BHSI    365        (+3)

* TC Avg ($/day)

BCI  5T/C     9,050      (-120)

BPI  4T/C     5,464      (-154)

BSI  6T/C     6,041       (+54)

* Exchange Rate

USD / KRW   1,143.9

USD / RMB    6.4589

* Crude Future ($/barrel)

WTI       45.90

Brent     47.57

* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

212.00      219.00     397.00   407.00