Navios Maritime Containers has taken another step in listing on the US side of the Atlantic Ocean.

The Navios Group subsidiary has delisted from the Norwegian over-the-counter (N-OTC) market upon request as it tries to sell 5.3 million shares in a $121m initial public offering.

Navios Containers filed an initial prospectus with the SEC in June and has applied to list them on the Nasdaq Global Select Market as "NMCI" at $18 to $20 each.