It said that the trial in the London High Court, which was set for April 2015, has been adjourned to a date yet to be fixed.

It is seeking to recover $50m in respect of the charter of its anchor handlers Amethyst and Turquoise (both built 2008).

The Singapore-listed company gave no reason for the delay, but on Friday TradeWinds reported that PDVSA had succeeded in extracting itself from a legal fight over the charter of the two vessels.

Justice