South Korea’s Kukje Maritime ­Investment Corp (Kmarin) is said to be reviving an order for a series of VLOC newbuildings with the backing of a major Chinese leasing company.

Shipbuilding players said Kmarin has inked a letter of intent with two Chinese shipyards for up to eight 325,000-dwt Guaibamax vessels.

State-owned Qingdao Beihai Shipbuilding Heavy Industry and privately owned Yangzijiang Shipbuilding have each been asked to construct two to four ships.