News Brief:

Shipbuilding News:

* HHIC christens Capesize BC

* HHI Group bags eight NBs only

* HHI considers spin-off of non-shipbuilding

* Big3 mulling over closing of facility

* Big3 orderbook dropping greatly

* Global NB order reduction abated

Shipping News:

* Hanjin Shipping bondholders agree to debt maturity extension

* Ship owners flock to modern dry bulk tonnage, as values head north

Steel News:

* Iron Ore Faces Second-Half Drop as Frenzy Ebbs, Supply Gains

Energy News:

* Crude prices drop amid strong U.S. dollar

Biz China:

* China to import goods worth $10 trillion over next 5 years

* Baltic Dry Index

BDI      634          (-8)

BCI      906        (-48)

BPI      617         (+6)

BSI      558         (+5)

BHSI    342          (0)

* TC Avg ($/day)

BCI  5T/C     7,378       (-351)

BPI  4T/C     4,928       (+43)

BSI  6T/C     5,831        (+49)

* Exchange Rate

USD / KRW   1,190.8

USD / RMB    6.5510

* Crude Future ($/barrel)

WTI       48.22

Brent     48.90

* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

223.00      233.00     410.00   420.00