Oceanografia creditors have seized a vessel used as collateral for debt issued by the company.
Oslo-based Norsk Tillitsmann is preparing to sell the ship, OSA Goliath, to recoup funds for lenders.
The ship was seized on Friday in Aruban waters on Norsk Tillitsmann’s request, a notice on the company’s site said.
Oceanografia has not commented on the seizure.
The company is in the middle of an alleged fraud against Citibank.
Citigroup uncovered at least $400 million in bogus loans to Oceanografia’s Mexican subsidiary Banamex.
Mexico’s government has seized control of Oceanografia as its criminal investigation continues.