News Brief: Shipbuilding News: * Precious cancels NB BC duo * d’Amico Splashes Two New Handysize Tankers * HHI develops IoT smartship * Korea ranks top in NB delivery * Korean yards avoid cheap deal Shipping News: * China Okays CMA CGM’s Acquisition of NOL * VLCC tanker prices down by 15% since the end of 2015 as Ship

News Brief: Shipbuilding News: * DSME sells head office building * STX O&S faces court receivership? * Korea's NB sales fall sharply * "200 yards to be closed this year" * Korea’s top 3 shipbuilders submit restructuring plans to creditors worth US$5bil. Shipping News: * China VLCC sells VLCC pair for $117.5m * Corona Vi

News Brief: Shipbuilding News: * Shanghai wins precious new boxship order * CSIC to streamline subsidiary shipyards * DSME delays Yamal LNG carrier * Sungdong resolves to recover management * DSME postpones self-rescue plan submission * Korea's NB sales fall sharply Shipping News: * Shippers Concerned about HMM’s Charter Ra

News Brief: Shipbuilding News: * Chinese yard saw NB order axed * HHI to bag first LNG carrier of year * DMHI will be back to ship repair * Sungdong resolves to recover management * Korean yards swept the first four places Shipping News: * Tanker Market: Oil supply disruptions offer mixed outlook for tankers * Asia Tanker

News Brief: Shipbuilding News: * HHIC christens Capesize BC * HHI Group bags eight NBs only * HHI considers spin-off of non-shipbuilding * Big3 mulling over closing of facility * Big3 orderbook dropping greatly * Global NB order reduction abated Shipping News: * Hanjin Shipping bondholders agree to debt maturity extension