Norway's Eidesvik Offshore is in talks over a long-term refinancing deal after deferring some repayments in dire markets last year.
The Oslo-listed offshore vessel owner said it has started negotiations with its lenders, aiming to secure a "robust balance sheet and liquidity", based on the current market and market outlook.
"It is still too early to predict the outcome of the negotiations with the lenders," Eidesvik said.