News Brief: Shipbuilding News: * Iran to place large NB orders to China * Daewoo Shipbuilding to unveil new rescue plan * S. Korean shipbuilders’ overseas businesses suffer from massive debts * “No more boom period to come” Shipping News: * Dry Bulk Market: Up to 7% of shipping fleet could be scrapped by end of 2016, but only if rate

News Brief: Shipbuilding News: * Sonatrach orders LPG carrier * SHGSIC to complete unfinished VLOC * KS delays COSCO jackup rig again * China records 108% up in NB orders * Chinese yards in trouble * "Shipbuilding industry to normalize in 2018" Shipping News: * Cargo rush, bunker prices push Australia-China Capesize rate over

News Brief: Shipbuilding News: * COSCO won two newbuildings in 1Q * NB deals continuingly cancelled in China * HHI submits self-rescue plan * “Korean shipyards lacks capacity” * MHI won 16 newbuildings in FY2015 Shipping News: * Dry bulk shipping market recovery will be a long, hard-fought battle * Global Ship Operators S

News Brief: Shipbuilding News: * Dae Sun nets domestic Chem TK deal * HHIC to receive additional aid   * Creditors agreed to issue RG for HHIC * SHI workers suggest wage freeze * Korea records ‘0’ NB sales in April Shipping News: * Chemical shipping freight rates to remain firm * Shipping leaders see no upturn for co

News Brief: Shipbuilding News: * China in talks to build first FSRU * CSIC to integrate civilian-military businesses * DSME self-help plan under reexamination * HHI prepares for lack of orders * Surge in shipbuilders’ debts attributed to ‘heavy tail’ deals Shipping News: * Hyundai Merchant Marine, Hanjin Shipping Showing Posit