News Brief: Shipbuilding News: * Jinhai inks "super-low" VLCC LOI * YZJ revenue·net profit decreased * China bags 20 chemical tankers   * SPP M&A price nego faces rough going * Korea seeks massive orders from Iran * Korean ship exports turns to uptrend Shipping News: * VLCC chartering activity reaches one-month

News Brief: Shipbuilding News: * SHI FLNG deal terminated * Creditors demand self-rescue plans * Big3 shipyards to hire 400 new workers * S. Korean shipbuilders in trouble, but still in global top ranks * MHI made additional loss from cruise ship Shipping News: * Asia Dry Bulk-Capesize rates to hold near 5-month high on stable cargo

News Brief: Shipbuilding News: * DSME workers sympathize with new self-help plan * Shipbuilding reshuffle to be outlined in Aug-Sep * "Korea yards to have orders halved" * Global NB delivery in uptrend Shipping News: * Restructuring of Hanjin Shipping more challneging than that for Hyundai Merchant * China’s coastal coal freight r

News Brief: Shipbuilding News: * HHI sells real estate worth $60m * Hyundai Heavy Industries Returns to Profits in 10 Quarters * HMD profit up 245% in 1Q * "Gov’t-led merger of Big3 is unfeasible" * Korean shipbuilders cut 15,000 jobs Shipping News: * Seaspan Reports Financial Results for the Quarter Ended March 31, 2016 *

News Brief: Shipbuilding News: * Chengxi bags first chemical TK * CSSC Shipping clinches $245m financing for six bulkers * Aqualis-CSDC join forces * SCI in talks for Suezmax tanker duo * Experts hold negative to Big3 merger Shipping News: * Hanjin Shipping applies for autonomous arrangement * Crude tankers rates edging downw