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.
Allianz is paying $20.5m for 21 vessels, including six anchor-handlers, tugs, barges and workboats.
Swissco also has an option to sell another four anchor-handlers (AHTS) for an extra $8.5m.
Clarksons lists the company as having 29 vessels, including a general cargoship built in 1988 and three AHTSs on order in China due in 2019 which do not appear to be included in the deal.
