News Brief: Shipbuilding News: * Scorpio axes Kamsarmax newbuild * Namura builds speculative VLCC * Half the newbuild BCs delayed or axed * No BC market recovery "before 2019" * S.Korea: Only nine ships ordered in Q1, hinting at more poor sales this year Shipping News: * Cargo ships sink in value as fleets liquidated * VLCC tanker rates jump to multi-week highs

News Brief: Shipbuilding News: * Nam Cheong receives barge cancellation notice * DSME delivers Songa's 4th Semi-Rig * "Big3 need to be consolidated into one or two" * [1Q Report] Korea caught in 'Order Draught' * JMU awarded 55 newbuildings in 2015 Shipping News: * Asia Capesize Rates to Firm as Owners Resist Downward Pressure * Asia’s Feb imports of Iran oil

News Brief: Shipbuilding News: * SHI-DSME won no order in 1Q * 2Q ship export outlook “Cloudy” * Imabari equips scrubber in BC * "DSME to make desperate efforts" Shipping News: * Dry Bulk Market: Finding the silver lining in China’s Valemax orders * Shipping firm says dry bulk business outlook promising Steel News: * Iron ore steady, firm China ste

News Brief: Shipbuilding News: * Changhong shipyard bags order for feeder boxship * China yards see new orders slump 75% in first two months of 2016 * Korean shipyard union decide joint struggle * Korea holds workshop for industry strategy * Newbuilding activity grinds to a halt Shipping News: * China’s coastal coal freights stop moving up in week to March 29

News Brief: Shipbuilding News: * CMHI Jiangsu wins first VLOC * CMES-VALE ink affreightment deal * CSSC invests in affiliate yard * DSME made loss for three consecutive years Shipping News: * Dry bulk shipping fleet will grow by 1.3% during 2016 * Asian VLCC freight rate drops 39% on week on muted demand Steel News: * Shanghai rebar futures slide from 9-