Shipbuilding News 2016/06/29
News Brief:
Shipbuilding News:
* Ouhua bags new 'Happy S' heavy lift vessel
* “Korea needs to benchmark Chinese case”
* HMM’s Restructuring Pushed to Late July
* Korea mulls over early ordering of gov't ship
* JMU bags Aframax TK duo
Shipping News:
* Hanjin Shipping to return 38 ships by 2017
* Investor Discontent Rises at Japanese Shipping Lines Amid Losses
Steel News:
* Morgan Stanley Raises Iron Ore Outlook After Surprise Rally
Energy News:
* Oil prices increase after two-day slump
Biz China:
* China's inflation growth likely to slow in June
* Baltic Dry Index
BDI 627 (+18)
BCI 936 (+17)
BPI 618 (+17)
BSI 593 (+6)
BHSI 336 (+5)
* TC Avg ($/day)
BCI 5T/C 6,595 (+104)
BPI 4T/C 4,948 (+137)
BSI 6T/C 6,204 (+68)
* Exchange Rate
USD / KRW 1,175.9
USD / RMB 6.6324
* Crude Future ($/barrel)
WTI 48.06
Brent 49.49
* Bunker (Singapore, $/ton)
IF380 IFO180 MDO MGO
242.00 247.00 422.00 432.00