Another party appears to have been added to the race for the acquisition of struggling shipyard group STX.

A UK-based fund is reportedly interested in buying STX Offshore & Shipbuilding  and STX France in a package, Yonhap reported.

The news agency cited industry and court officials but did not reveal the name of the fund.

STX saw its rehabilitation plan approved by a court earlier this month and is currently reviewing bids from four companies.

Those are thought to include Italy’s Fincantieri and Damen, as TradeWinds has reported.

The yard group had been in receivership since June amid the shipbuilding industry downturn.