News Brief:

Shipbuilding News:

* BSIC to build floating dock for Russia

* CSSC gives financing to Containerships

* DSME receives RG for Greek NBs

* Korea to assist troubled shipbuilding partners

* Ship finance market to worsen by Brexit

Shipping News:

* Cosco’s Post Panamax Duo Joins Baumarine Pool

* Hanjin Shipping creditors offer aid of 20% of liquidity shortfall if Hanjin Group provides the rest

Steel News:

* Shanghai steel rallies 6 pct as China moves to consolidate sector

Energy News:

* Poten & Partners: Brexit Could Boost UK – EU Crude Oil Trades

Biz China:

* China's central government debt slightly down

* Baltic Dry Index

BDI      609          (0)

BCI      919        (+6)

BPI      601       (+16)

BSI      587         (+4)

BHSI    331         (+2)

* TC Avg ($/day)

BCI  5T/C     6,491        (+39)

BPI  4T/C     4,811      (+130)

BSI  6T/C     6,136        (+35)

* Exchange Rate

USD / KRW   1,183.3

USD / RMB    6.6528

* Crude Future ($/barrel)

WTI       46.57

Brent     47.61

* Bunker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

237.00      250.00     425.00   435.00