There have been no updates, as far as I know. They've been cancelling trips one week at a time (about 10 days before the scheduled sailing). The customer service representatives on the Galapagos desk have no information about when the ship will be ready. They're basically told to tell customers "The ship is scheduled to sail...until we tell you otherwise." They aren't informed of the cancellations until the same day that customers are.
On the bright side, when they have cancelled existing sailings they've been pretty fair with their reimbursement package (in my opinion).