Shipbuilding News 2016/06/21
News Brief:
Shipbuilding News:
* Fujian Mawei wins asphalt carrier
* Chinese shipowner places feeder boxship orders
* Rainbow Heavy Industries to shut down Shanghai-based subsidiary
* SHI expected to win large offshore order
* STX labor decided to strike
* Naikai wins eight 1,900TEUs
Shipping News:
* Naikai wins eight 1,900TEUs
* Loss of Hanjin, Hyundai shipping firms will cause US$19 billion damages
Steel News:
* Vale Said in Talks With Asia Buyers for Stake in Iron Ore
Energy News:
* Oil Prices to Fall Below $40 in Third Quarter — BAML
Biz China:
* CICC lowers China 2016 growth forecast to 6.7%
* Baltic Dry Index
BDI 587 (0)
BCI 927 (0)
BPI 546 (0)
BSI 555 (0)
BHSI 311 (0)
* TC Avg ($/day)
BCI 5T/C 6,533 (0)
BPI 4T/C 4,361 (0)
BSI 6T/C 5,805 (0)
* Exchange Rate
USD / KRW 1,163.2
USD / RMB 6.5656
* Crude Future ($/barrel)
WTI 49.14
Brent 50.43
* Bunker (Singapore, $/ton)
IF380 IFO180 MDO MGO
237.00 248.00 430.00 440.00