Shipbuilding News 2015/11/30

News Brief:


Shipbuilding News:

* HXHI wins first crankshaft from Japan

* Dae Sun wins Greek MR duo

* "STX is worth preserving"

* Evergreen orders 10 boxships again

* Hitachi Zosen wins 10 engines


Shipping News:

* Clear MR tanker market riding on a high

* Weather delays, positional tightness firm up Asian Aframax market


Steel News:

* Vale to slash iron ore output target, but opening world’s largest mine in 2016


Energy News:

* Oil prices stabilizing ahead of Thanksgiving holiday


Biz China:

* China to lead in global realty investment


* Baltic Dry Index

)

BDI      562            (+16

()

BCI      898            +91

            ()

BPI      459 -4

BSI      467               (0)

BHSI    284              ()

-1


* TC Avg ($/day)

BCI  5T/C       7,682     ()

+620

()

BPI  4T/C       3,669        -28

BSI  6T/C       4,879         ()

-7



* Exchange Rate

USD / KRW   1,145.7

USD / RMB    6.3915


* Crude Future ($/barrel)

WTI       42.59

Brent     45.57


* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

225.50      234.00     418.00   428.00