Chief executive Andreas Enger believes Hoegh Autoliners has done everything it can to make sure its NOK 1bn ($115m) Oslo private share sale and listing goes to plan.

The company said on Friday it will go public in the Norwegian capital to pay for its newbuilding programme in China.

But the launch takes place three days after rival Gram Car Carriers pulled a $100m initial public offering in Oslo due to a lack of traction with US and UK institutional investors.