News Brief: Shipbuilding News: * HHI bags Hong Kong VLCC * Hyundai Glovis orders new PCTCs * AET awards tanker octet * SHI-built drillship cancelled * KDB releases support plan for DSME Shipping News: * CSCL to bareboat up to eleven 21,000-teu boxships * CNOOC to further reduce spending in 2016 * Tanker market will remain strong for years to come says ship o

News Brief:Shipbuilding News:* China EximBank, ING earmarks $1bn for China-built ships and offshore equipment* HHI-built drillilng rig cancelled * DSME offshore loss $662m* Korea Ship Finance Forum kickstarts* Korea to block excessive competition* KHI bags one VLGC  Shipping News:* Tanker markets: Is there a “chick in the armor” after all? 

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