News Brief:Shipbuilding News:* China Cancels Shipbuilding Projects* DSME to extend loan term for subsidiary * DSME loss reach $3.8bn y-t-d * DSME gets fund injection * HMD turned profit in 3Q* HHI saw 21% drop in new orders  Shipping News:* Cosco Pacific Q3 profit down 14% to $75m* Mediterranean-Japan LR tanker rates hit 1.5-month hi

News Brief:Shipbuilding News:* China wins 10 400K VLOCs? * COSCO delays FPSO delivery* China controls shipyard expansion * SPP appeals to creditors * Creditors send final notice to DSME * SHI turns into profit in 3Q Shipping News:* Dry bulk FFA market: Paper under pressure as physical perks up* Dry bulk owner Precious Shipping posts higher third quarter lossSteel News:* Dalian iron ore ticks

News Brief:Shipbuilding News:* YZJ performance to be damaged* CSSC invests $99m in propulsion R&D* STX bags chem TK quartet* DSME to receive additional fund* Korea ranked No.1 in NB delivery* "Restructuring gets serious in industry"  Shipping News:* Asian benchmark LR1 rate spikes on surge in activity, tonnage squeeze* Limited orderin

News Brief:Shipbuilding News:* K-sure to assist Sungdong* Coordinator selected for SPP sale* Daehan successfully recovered early* DSME ranks the world top for 11 months* DSME to cut up to 400 managers* Industrial restructuring commenced in Korea Shipping News:* Shipbroker sees Capesize rates easily reaching $25,000/day by year-end* China VLCC sells twoS

News Brief:Shipbuilding News:* Defunct Zhenghe yard calls for new investors to help with restructuring * Coastal Contracts goes to arbitration to settle dispute with CIMC Raffles Offshore * Petrofac cancels deepwater offshore newbuild contract at ZPMC * HMD bags Japanese MR duo * Dae Sun wins more 1,800TEUs * Korean ship financing, ‘not enou