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