Shipbuilding News 2015/11/04

News Brief:


Shipbuilding News:

* SWS wins six 21,000TEUs

* New Yangzi wins 3,800TEU duo

* Wison secures finance from China

* KDB-KEXIM face increasing asset risks

* Korean ship exports fell sharply


Shipping News:

* China key to intra-Asian container shipping growth

* Handysize tanker freight rate on Cross-Med route at five-year low on more tonnage


Steel News:

* Dalian iron ore drops more than 3 pct, hits lowest since July


Energy News:

* Oil prices jump amid increasing demand


Biz China:

* Xi sets 6.5% growth target to achieve 'moderate prosperity'


* Baltic Dry Index

)

BDI      680           (-26

()

BCI   1,099           -85

         ()

BPI      653 -12

BSI      609           ()

-11

BHSI    339            ()

-8


* TC Avg ($/day)

BCI  5T/C       8,118       ()

-618

()

BPI  4T/C       5,222         -97

BSI  6T/C       6,370       ()

-111



* Exchange Rate

USD / KRW   1,133.4

USD / RMB    6.3343


* Crude Future ($/barrel)

WTI       47.73

Brent     50.25


* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

240.00      249.00     435.00   445.00