A company within restructuring Solstad Offshore has agreed a debt freeze "to preserve additional liquidity".
Solstad, the world's biggest owner of high-end offshore support vessels, said the Solship Invest 3 (SI3) subsidiary has "resolved" to suspend payment of interest on certain loans until 20 June.
All the affected creditors have approved the freeze, except a minority creditor of one of the subsidiaries of SI3.