News Brief:

Shipbuilding News:

* SPP criticizes Korea Eximbank

* RG issue for SPP rejected again

* DSME drillship agreed to delay delivery

* K-sure plans biggest export support

Shipping News:

* Baltic sea index hits all-time low as shipping crisis deepens

* Tanker freight up sharply on crude oil demand

Steel News:

* China’s steel demand in long-term decline, CISA’s Zhang says

Energy News:

* U.S. oil price stabilizes amid supply data

Biz China:

* Economists see no basis for yuan's continued depreciation

* Baltic Dry Index

BDI      394          ()

-8

()

BCI      245        -21

)

      (BPI      399 -12

BSI      412          ()

-4

BHSI    250          (0)

* TC Avg ($/day)

BCI  5T/C     3,101         ()

-160

()

BPI  4T/C     3,188          -97

BSI  6T/C     4,308          ()

-44

* Exchange Rate

USD / KRW   1,206.4

USD / RMB    6.5616

* Crude Future ($/barrel)

WTI       30.61

Brent     30.23

* Buker  (Singapore, $/ton)

 IF380      IFO180     MDO     MGO

155.50      160.00     274.50   284.50