Shipbuilding News 2016/06/01
News Brief:
Shipbuilding News:
* Heung-a-Shipping Orders Tanker Pair from Dae Sun
* "Liquidation of STX not considered"
* Daewoo Shipbuilding to cut wages, sell assets to stay afloat: report
* DSME to move its headquarters
* JMU Clinches RoRo Order, Delivers Capesize Bulker
Shipping News:
* Ship Finance’s Boxships Duo to Start Work for Maersk
* Tankers: Asian LR tanker rates fall on weak demand to move distillates, naphtha
Steel News:
* China steel, iron ore futures post worst month on record; agriculture firmer
Energy News:
* Oil Set for Longest Run of Gains in 5 Years Before OPEC Meeting
Biz China:
* China's manufacturing PMI flat in May
* Baltic Dry Index
BDI 612 (+6)
BCI 854 (+24)
BPI 574 (-8)
BSI 580 (+1)
BHSI 351 (+4)
* TC Avg ($/day)
BCI 5T/C 6,346 (+171)
BPI 4T/C 4,650 (-33)
BSI 6T/C 6,051 (+35)
* Exchange Rate
USD / KRW 1,190.5
USD / RMB 6.5889
* Crude Future ($/barrel)
WTI 48.77
Brent 49.65
* Buker (Singapore, $/ton)
IF380 IFO180 MDO MGO
231.00 242.00 432.00 442.00