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

News Brief: Shipbuilding News: * BSHIC builds first offshore nuclear platform * CSSC sets up JV for cruise ship construction * China saw 24% rise in NB sales * Korean shipyards to enter Indian market * Half the backlog to deliver in 2016 Shipping News: * China Establishes Its Silk Road in Greece by Purchasing the Port of Piraeus

News Brief: Shipbuilding News: * No buyers for Sainty Marine’s first round of online auction * Dae Sun to build coastal passenger ships * HHIC to receive fund injection again * HHI Group NB sales

News Brief: Shipbuilding News: * Orders surge for Chinese shipyards * SPP sold Italian AHTS resale * "HHI expected to turn around in 1Q" * Korean shipyards need domestic demands Shipping News: * Freight on cross-Med, Black Sea-Med Handysize tankers at fresh 2016 highs *