Cypriot fund Inter-M Traders has been identified as the only bidder for Greece's Elefsis shipyard.
The Kathimerini daily said KPMG is conducting a tender for an investor in the yard on behalf of creditor Alpha Bank, in cooperation with the economy ministry.
The offer is said to come with conditions, including the completion of the Greek navy's shipbuilding programme and the maintenance of the fleet, plus guarantees on staff numbers.
A source told the newspaper the bid is EUR 90m ($102m), although no official announcement has been made.
The buyer will assume the yard's debt and invest in modernisation.
Inter-M Traders has links with US fund Blackhawk Capital Partners.
