News Brief: Shipbuilding News: * HMD builds first DF propulsion PC * SPP asks creditor banks to issue RG * Salvage of STX O&S decided on Dec 9 * DSME capital increase to reach KRW 1trn * SHI to support Sungdong with experts * “Industry might take upturn in 2016” Shipping News: * Baltic sea freight index flat despite i

News Brief: Shipbuilding News: * Huangpu wins asphalt carrier duo * SWS to build China’s first cruise ship * COSCO wins Aframax TK duo * Navig8 orders more TKs from STX * Support for STX to be confirmed * Korea NB orders lowest in 6 years Shipping News: * Dry bulk FFA market: ‘Been down so long…’ * Asia-N.Europe freight rates drop 50.4 percent Steel News: * Desperate Chinese steelmak

News Brief: Shipbuilding News: * Huatai wins chemical tanker octet * CSSC reveals smart ship project * TMS Cardiff orders more LPGCs * JMU-Onomichi collaborate in MR TK * Shipbuilders’ new orders dip to 6-year low in Nov. Shipping News: * Dry bulk market on reverse mode, set to break new all-time lows * Tanker shipping rates to soften from 2016 Steel N

News Brief: Shipbuilding News: * Korean 'Big3' yards vie for LNGCs * K-sure provides loan to DSME * DSME delays PFLNG-1 delivery * SHI completes 1st BGT 170K LNGC * Korea tops global NB orders Shipping News: * West African Suezmax tanker market could see boost thanks to 2016 Olympics * LNG shipping spot market showing first signs of recovery say ship owners

News Brief: Shipbuilding News: * HXHI wins first crankshaft from Japan * Dae Sun wins Greek MR duo * "STX is worth preserving" * Evergreen orders 10 boxships again * Hitachi Zosen wins 10 engines Shipping News: * Clear MR tanker market riding on a high * Weather delays, positional tightness firm up Asian Aframax market Steel News: * Vale to slash iron