Shipbuilding News 2016/07/05

News Brief:


Shipbuilding News:



* Fincantieri, CSSC Tap Into China’s Growing Cruise Industry


* Korean ship export saw 30% up in June


* '20-year low' NB records in 1H


* HHI used special material for LPGC construction


* SHI labor union mulls over slowdown




Shipping News:


* Maersk May Take Over Hyundai Merchant Marine


* HMM to Increase Middle East-Asia Coverage





Steel News:


* Rio Tinto sells Australian coal mine for a dollar





Energy News:



* Oil Deficit Dalliance Seen Ending as Disrupted Crude Returns





Biz China:


* China to continue propelling financial reform: PBOC report






* Baltic Dry Index


BDI      688         (+11)


BCI    1,049        (+19)


BPI      710         (+19)


BSI      633          (+6)


BHSI    347          (+3)






* TC Avg ($/day)

BCI  5T/C     7,490      (+137)

BPI  4T/C     5,679      (+151)


BSI  6T/C     6,623        (+68)




* Exchange Rate


USD / KRW   1148.0


USD / RMB    6.6594






* Crude Future ($/barrel)

WTI       48.72


Brent     50.03




* Bunker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

255.00      263.00     436.00   446.00