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(CNN) -- A ransom has been demanded for a missing Russian cargo ship which vanished two weeks ago after being involved in a suspected hijacking off the coast of Sweden last month, Finnish police told CNN Saturday.

"There has been a demand for ransom and the subject is the shipping company, Solchart Management," Jan Olof Nyholm with the Finnish police told CNN.

An international criminal investigation is under way into the alleged hijacking of the vessel, the Arctic Sea. The last known communication with the vessel was July 31
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