St Peter Line, the Russian cruise ferry company that operates two vessels on services from St Petersburg to Finland and Sweden, has reportedly sold both vessels to Moby Lines, the Italian ferry company.

Princess Maria that was built in 1981 would remain in the Baltic, while Princess Anatasia that is three years younger would leave the region, a report on The Baltic course news website said. Both ships are of about 35,000 gross tons and have extensive cabin accommodation.

St Peter Line has refused to comment on the matter, the report said.