News Brief: Shipbuilding News: * Cosco yard aborts bulker newbuild contract, inks order for two tankers * AVIC saw 49% up in gross profit * SPP files petition for support * DSME tops global orderbook * HHI-DSME credits downgraded Shipping News: * Baltic Dry Shipping Index Drops to All-Time Low * Asia Dry Bulk-Capesize rat

News Brief: Shipbuilding News: * Cosco Shipyard seals $3.1bn financing from China Development Bank * Kouan bags feeder boxships * CMES approves VLOC order * DSME bags Greek VLCC order * HHI saw 23% drop in new orders * Japan NB orders continue upwards Shipping News: * Sinotrans shipping unit to have new owner after merger * Cross-Med Dirty Handysize rates ri

News Brief: Shipbuilding News: * Pioneer to change NB contract * Daehan bags Aframax TK newbuildings * Besiktas acquires STX floating dock * M&T wins FPSO contract * SPP Shipbuilding seeks buyer * DSME to see massive loss in 2015 Shipping News: * December schedule will trigger new freight rate rally * Asia Tankers-Basra crude cargoes to give VLCC rates d

News Brief: Shipbuilding News: * RCL splashes out $46m on boxship duo at Yangzijiang * Sungdong in talks for crude tankers * HHI-labor union negotiation fails * DSME uses big data to forecast market Shipping News: * China Merchants and Sinotrans & CSC start merger talks * CS Haisheng benefits from $1.3m in state subsidies * Aframaxes could face headwinds af

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