Shipbuilding News 2016/06/22

News Brief:


Shipbuilding News:


* Huaxiang to make LNGC fleet


* DSME drillships might be delayed


* Sumitomo wins a single Aframax


* Japan NB exports stayed one-digit level


* NB order decline steepen again




Shipping News:


* Oldendorff Buys Four Second-Hand Bulkers


* Asian VLCCs fall to 2016 low on influx of newbuilds, older tonnage





Steel News:


* China steel, iron ore steady in cautious market





Energy News:



* Oil market rebalancing to support prices





Biz China:


* Li vows to boost support for real economy






* Baltic Dry Index


BDI      580          (-7)


BCI      873        (-54)


BPI      548         (+2)


BSI      563         (+8)


BHSI    315         (+4)






* TC Avg ($/day)

BCI  5T/C     6,108   (-207)

BPI  4T/C     4,379    (+14)


BSI  6T/C     5,886    (+41)




* Exchange Rate


USD / KRW   1,158.2


USD / RMB    6.5935






* Crude Future ($/barrel)

WTI       50.22


Brent     51.06




* Bunker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

242.00      253.00     435.00   445.00