Singapore's Marco Polo Marine is trying to take shelter from legal action as it pursues a restructuring deal.

The loss-making company said it and subsidiary Marco Polo Shipyard have each filed an application to the Singapore High Court for a moratorium to restrain suits so it can finalise a scheme of arrangement with creditors.

The applications were heard on 17 May, but adjourned to a date yet to be fixed for further submissions to be made.