In a statement the Danish owner was scant on details but said the board looked “favourably” on an offer from an unidentified foreign investor.

Nordic will now try to reach a “definitive” agreement before seeking shareholder approval to issue new shares to the investor.

Any deal would be subject to the usual regulatory approvals.

Creditors Nordea and Danish Ship Finance have placed a moratorium on debt repayments pending the outcome of talks for fresh investment.

Nordic