Heady bulker markets are spawning deals between players that are new or have been long absent from the shipping arena.

Several broking and shipbuilding sources in Greece and China are reporting that Athenian Shipping, a bulker player last known to have owned vessels eight years ago, has staged a comeback with a newbuilding order.

According to other sources, however, the order was placed by a different entity that possibly just happens to be carrying the same name.