News Brief:

Shipbuilding News:

* Chinese yard saw NB order axed

* HHI to bag first LNG carrier of year

* DMHI will be back to ship repair

* Sungdong resolves to recover management

* Korean yards swept the first four places

Shipping News:

* Tanker Market: Oil supply disruptions offer mixed outlook for tankers

* Asia Tankers-VLCC rates to fall before rebounding on new charter fixtures

Steel News:

* Falling iron ore volumes spell bad news for embattled capesize market

Energy News:

* Crude prices drop amid ample supplies

Biz China:

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

* Baltic Dry Index

BDI      625          (-9)

BCI      870        (-36)

BPI      614          (-3)

BSI      562         (+4)

BHSI    343         (+1)

* TC Avg ($/day)

BCI  5T/C     6,981      (-397)

BPI  4T/C     4,909        (-19)

BSI  6T/C     5,879       (+48)

* Exchange Rate

USD / KRW   1,188.4

USD / RMB    6.5455

* Crude Future ($/barrel)

WTI       48.46

Brent     48.72

* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

228.00      238.00     420.00   430.00