China Merchant Heavy Industry (CMHI) has shown serious interest in taking over the offshore engineering and fabrication assets of Dalian Shipbuilding Industry Offshore Company (DSIC Offshore) after a court in Dalian ruled that the local yard should proceed with bankruptcy re-organisation in February this year.

Sources said that asset managing law firms Fangda Partners and Baker Tilly China, which have been appointed by a local court in Dalian, have picked three potential buyers to restructure the DSIC Offshore assets.