 The purchase price of €100 million caused the company financial difficulties, and Smyril line eventually had to receive public support from the Faroese Government to stay afloat.Today the holding company is owned by Framtaksgrunnur Føroya (Faroese Development Trust) 33.6%, the Faroese Government 23.6%, TF Holding 20.7% and the Shetland Development Trust 6.8%, the remaining shares are owned by several minor stakeholders.The weekly service serves Tórshavn in the Faroe Islands, Seyðisfjörður in Iceland, and Hirtshals in Denmark.