The Estonian state wants to carry out an IPO of port and ferry operator Port of Tallinn (Tallinna Sadam).
The government's website said it could sell 30% of its stake in the company through a listing on the Nasdaq stock exchange in Tallinn.
More details will be submitted to the government by the economic affairs and communications ministry in the autumn.
An IPO is planned for the first half of 2018.
The economy ministry believes the move will provide new ways of investing for citizens and pension funds and enliven local financial markets.
Port of Tallinn took delivery of four 5,000-gt ferries last year and this year from two shipyards in Turkey and Poland.
