Hurtigruten increases production on the Norwegian Coast to five ships from January 2021

Late Thursday afternoon 3^rd of December, Hurtigruten signed an agreement to increase the capacity under the Public Service Obligation with the Norwegian Government in Q1 2021. This agreement is independent of the travel restrictions and will last until the end of Q1. Hurtigruten will receive an increase in the monthly payment of NOK 14.1m (from NOK 53.5m to NOK 67.6m) under the contract starting in the beginning of January. The monthly burn rate is still expected to be within the forecasted EUR 12-15m range.