News Brief:

Shipbuilding News:

* YZJ wins Rickmers’ more feeders

* YZJ enters VLGC market?

* HHI bleeds more in 3Q due to cancellation

* HMD denies Greek MR TK order

* SHI not to "build overseas yard"

* Korean yards, “Dignified No.1”

Shipping News:

* Dry bulk market: Worse is still to come for many bulk carriers

* VLCC rates soften during past week, could head back higher in the coming days

Steel News:

* Iron Ore Sinks Deeper as China-Demand Fears Grow

Energy News:

* Oil prices steady following huge gains

Biz China:

* GDP growth targeted at 6.5 to 7% through 2020

* Baltic Dry Index

            ()

BDI      721-7

()

BCI   1,229            -25

           ()

BPI      675 -7

BSI      629             ()

-4

BHSI    349             ()

-2

* TC Avg ($/day)

BCI  5T/C       9,065       ()

-119

()

BPI  4T/C       5,398         -61

BSI  6T/C       6,575         ()

-44

* Exchange Rate

USD / KRW   1,138.6

USD / RMB    6.3154

* Crude Future ($/barrel)

WTI       46.37

Brent     49.50

* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

240.00      251.00     429.00   439.00