The court-appointed managers of Singapore OSV owner Swissco Holdings are trying to meet with creditors to agree a restructuring plan.
A Singapore high court hearing on 14 January will decide whether the meeting will go ahead by 14 April.
"The judicial managers will continue to work with and engage creditors and stakeholders," they said.
At the end of last year, Allianz Middle East Ship Management of the UAE struck a deal to buy most of Swissco's fleet.