Bangladesh’s Meghna Group of Industries is considering an order for four ultramax bulkers in China worth up to $92m — marking a return to newbuildings after a two-year absence.

Market sources said Meghna is in contact with three shipyards: Yangzijiang Shipbuilding, New Dayang Shipbuilding and Nantong Xiangyu Shipbuilding & Offshore Engineering. The yards and Meghna were not available for comment.