News Brief: Shipbuilding News: * Cosco shipyard wins deal to build two oil tankers * Cosco Corp hit by loss in Q1 amid tough shipbuilding and bulk market   * HHIC to receive injection of $104 * Ailing shipbuilders won’t be merged * HLB receives NET certification Shipping News: * Dry bulk FFA market: Old wine in old glasses

News Brief: Shipbuilding News: * MOL receives LNGC 'KUMUL' * Daewoo Shipbuilding Reports Operating Loss on Offshore Costs * Samsung Heavy pressed to map out self-restructuring plan * Hyundai Heavy pressured to make layoffs Shipping News: * S. Korea’s Pan Ocean on recovery despite sluggish shipping industry * Recent strength in

News Brief: Shipbuilding News: * Big2 creditors asked for self-help plans * Creditors put pressure on Korean small yards * "SPP needs to lead exemplary restructuring" * Shipyards’ restructuring faces backlash from workers * Kyokuyo bags two feeders Shipping News: * Hanjin Shipping to begin creditor-led workout program this wee

News Brief: Shipbuilding News: * Jinhai inks "super-low" VLCC LOI * YZJ revenue·net profit decreased * China bags 20 chemical tankers   * SPP M&A price nego faces rough going * Korea seeks massive orders from Iran * Korean ship exports turns to uptrend Shipping News: * VLCC chartering activity reaches one-month

News Brief: Shipbuilding News: * SHI FLNG deal terminated * Creditors demand self-rescue plans * Big3 shipyards to hire 400 new workers * S. Korean shipbuilders in trouble, but still in global top ranks * MHI made additional loss from cruise ship Shipping News: * Asia Dry Bulk-Capesize rates to hold near 5-month high on stable cargo