Nordic Business Report-December 12, 2006-Hurtigruten Group ASA sells two passenger ships (C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian coastal ferry line operator Hurtigruten Group ASA said on Tuesday (12 December) that it has agreed to sell the passenger vessels Narvik and Jupiter. The Narvik will be purchased by the school ship owner Unge Sjomenns Kristne Forening for NOK62m, which will result in a profit of NOK20m for Hurtigruten Group. The Jupiter will be sold to Asian buyers for USD7.3m. Hurtigruten Group said that it plans to sell one more of its ships. Hurtigruten Group is headquartered in Narvik, Norway. The company operates Norways Hurtigruten coastal line and numerous local ferry lines. The company also offers cruises in Antarctica and Europe. Hurtigruten Group is listed on the Oslo Stock Exchange and traded under the ticker HRG. One British pound (GBP) is worth approximately 12.21 Norwegian kroner (NOK). One British pound (GBP) is worth approximately 1.91 US dollars (USD). ((Comments on this story may be sent to [email protected]))