Norway's Torvald Klaveness Group is planning a public listing of its newly established Klaveness Combination Carriers (KCC) before the end of next year, it has revealed in a prospectus to first raise up to $70m in fresh equity.

KCC will initially be quoted on the Oslo Stock Exchange's over-the-counter (OTC) list, with the intention of going for a full listing on a recognised exchange by the end of 2019.