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