Struggling seismic survey vessel owner Polarcus will not publish its fourth-quarter report as talks continue with creditors.
The development comes after the Dubai-based owner lost six of its seven seismic survey vessels to its banks in January after defaulting on a loan due to the end of a waiver deal in tough oil and gas markets.
The Oslo-listed company's shares remain suspended after its joint provisional liquidators (JPLs) submitted a report on its finances to the grand court of the Cayman Islands.
