The owners of the Norwegian ferry company Fjord1 are planning to list the transport giant on the Oslo Stock Exchange.
Majority owner Per Saevik and his company Havilafjord, which have a 67% stake, plan to list 49% of the Fjord1 shares.
The they aim to raise close to NOK 2bn ($233m), which will be used to buy the rest of the shares held by the county of Sogn.
Managing director Dagfinn Neteland in Fjord1 confirms the listing plans.
In 2015 the county decided to sell half of its shares to competing transport company Torghatten, but competition authorities blocked the deal. Last autumn, Neteland and the company's board members resigned in protest of the sales process. But after a short while the managing director was back in his position.
Fjord1 is one of the biggest transport groups in Norway, operating 61 conventional ferries and seven fast ferries in the domestic trade.
In December, it ordered three electric ferries at compatriot Havyard Group worth a total of $57.4m.
Last year Fjord1 also ordered two battery-powered ferries at Tersan Shipyard in Turkey and also has an order for two ropax ferries at Ada Shipyard, also in Turkey.
Fjord1 recorded a record result last year, with a pre-tax profit of NOK 504m ($58.6m), against a NOK 212m profit a year earlier. Total revenue was NOK 2.38bn in 2016.
