Min Woo Lee is relishing the chance to contend for Players Championship glory after keeping his cool to stay in the mix at TPC Sawgrass.

Lee was six under par for the tournament when poor weather forced the suspension of the second round on another day of high drama at the PGA Tour's $US25 million flagship event.

A quadruple bogey from first-round leader Chad Ramey after hitting two balls in the water on the treacherous 17th hole brought a raft of players back in the tournament.

Lee was never out of it but edged to within two shots of new leader Christiaan Bezuidenhout after bouncing back with two birdies on his back nine following successive bogeys on 17 and 18 after starting his second round on the 10th tee.

"Amazing. I've been playing pretty solid," Lee said after he was halted halfway down the seventh fairway.

"(Holes) 17 and 18, hopefully I can play those two better on the weekend. But I played very solid. Tee to green really good. Putting was OK.

"Just stayed in there after the bogeys on 17 and 18. So excited to have a rest and go out tomorrow."

Former Players champion Jason Day is also flying the Australian flag admirably in the absence of suspended defending champion Cameron Smith.

Day posted a second straight 70 to move to four under, sharing eighth spot, four strokes behind Bezuidenhout.

After also teeing off on 10, Day recorded a double-bogey six on the seventh hole but finished his round with a fifth birdie.

Coming off a tour-best four consecutive top-10 finishes, Day hopes his continuing excellence proves a return to the good old days when he topped the rankings and set the standards in men's golf.

"I'm coming off the back end of some really good golf, which is nice," he said.

"I've got Chris Como, my coach, here this week, trying to help me through some of the swing stuff that I have been struggling with.

"That stuff is coming around nicely. It's strange; it's just like you have to be really patient around this golf course, especially with the wind."

Fellow Australian Cam Davis is also in the hunt at three under, in a tie for 15th five shots off the pace.

Davis was even through 11 holes for his round when play was stopped.

Aaron Baddeley, at one under; Adam Scott, level with the card; and Harrison Endycott, at one over; were also inside the projected cut line midway through their rounds.

But Lucas Herbert can pack his bags after following up his first-round 82 with an even worse 85 to be running last at 23 over par.

Day played the first two rounds with Herbert and couldn't help but feel for his countryman, who hit five balls in the drink.

His round included an eight on the par-3 17th when he hit one tee shot and another long, and this being an island green, both had the same fate.

Herbert also had a nine on the fourth hole after hitting three balls into the water, one from the rough, two from the drop area.