Hnífurvik is the capital town of the constituency of Grænland, Eyjan Hvíta. Founded on May 17 2015 following the construction of a nether rail providing a link to the Eyjan Hvíta's capital city Æbinsborg, Hnífurvik became the first settlement in Grænland and Eyjan Hvíta's second largest town with a population of two.

Hnífurvik is Icelandic for knife bay.