Shipbuilding News 2016/05/17

News Brief:


Shipbuilding News:



* Chinese yards to build Shell's FPSO?


* HMD bags Super-Eco TK duo


* HHI, “Not decided to sell finance affiliate”


* DSME delivers world's 1st FLNG


* SPP sale needs compromise




Shipping News:


* What’s Going on With Dry Shipping?


* Hyundai Merchant has this week to persuade vessel owners to adjust charter fees





Steel News:


* Iron ore, steel rise on signs of property recovery in China





Energy News:



* China April preliminary oil demand rises 1.7 pct to record high





Biz China:


* Chinese banks' forex sales narrow in April






* Baltic Dry Index


BDI      613      (+13)


BCI      854      (+56)


BPI      598       (+1)


BSI      552        (-1)


BHSI    347         (0)






* TC Avg ($/day)

BCI  5T/C     6,740       (+454)

BPI  4T/C     4,783        (+15)


BSI  6T/C     5,768         (-12)





* Exchange Rate


USD / KRW   1,178.6


USD / RMB    6.5200






* Crude Future ($/barrel)

WTI       47.92


Brent     49.03




* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

227.00      239.00     405.00   415.00