News Brief: Shipbuilding News: * China’s government-backed Wuzhou Shipyard declared bankrupt * Chinese shipyard rises to world’s No. 5 player for first time * DSME to delay delivery of four drillships * SHI-built FLNG sub hull delayed * South Korea’s stranglehold on the shipbuilding industry loosens, but only just Shipping News: * Baltic index nears all time

News Brief: Shipbuilding News: * BN Group to acquire SPP? * HMD revenue up by 9.9% * HHIC sells $118m land asset * Shinhan Machinery changes name * Orderbook to fleet ratio declines Shipping News: * Tankers: Worldscale rates to rise in 2016 as base rates drop * Global Market Study on Shipping Containers: Reefers Segment to Witness Highest Growth by 2021

News Brief: Shipbuilding News: * Wuzhou Shipyard becomes first state-run shipyard to go bust * Bank of China applies to liquidate Sainty Marine * HHI resumes yard operation * HHI sells stocks worth $130m * [Year-end report] Korean main yards won total $33.5bn * "Yards to see rebound from 2H 2016" Shipping News: * China Merchants and Sinotrans & CSC merger t

News Brief: Shipbuilding News: * Shandong secures facility * Sinopacific delivers PSV trio * Dae Sun successfully secured MR orders * Shinhan Bank leaves STX creditor group * "Korean shipbuilding to remain in downturn" Shipping News: * China Approves Second Shipping-Related Merger This Month * Final deals of the year taking place, as ship owners prepare for 201

News Brief: Shipbuilding News: * Callimanopulos orders more TKs * GMI to axe BC orders * HHI finalizes 2015 wage agreement * HMD denies MR order * "DSME needs more capital increase" Shipping News: * China Shipping Shares Diverge After Consolidation Plan