Shipbuilding News 2016/06/30
News Brief:
Shipbuilding News:
* COSCO Shipping Reshuffles Newbuilding Orders
* China Shipbuilding Selling Shares to Raise USD 586 Mn
* HHIC sells real estate worth $40m
* SHI labor council held rally
* Korea discusses ways to strengthen industry
Shipping News:
* Caribbean Aframax rates fall to lowest level in more than 5 years
* Oil Product Tankers Earnings Decline As Stockbuilding Slows Down
Steel News:
* Dalian iron ore firm, but off 7-week highs as steel steadies
Energy News:
* Oil prices rally on falling U.S. inventories
Biz China:
* China's rail freight decline narrows Jan-May
* Baltic Dry Index
BDI 640 (+13)
BCI 955 (+19)
BPI 634 (+16)
BSI 606 (+13)
BHSI 338 (+2)
* TC Avg ($/day)
BCI 5T/C 6,784 (+189)
BPI 4T/C 5,069 (+121)
BSI 6T/C 6,337 (+133)
* Exchange Rate
USD / KRW 1,164.7
USD / RMB 6.6312
* Crude Future ($/barrel)
WTI 49.55
Brent 50.94
* Bunker (Singapore, $/ton)
IF380 IFO180 MDO MGO
247.00 257.00 432.00 442.00