St. Peter Line to sell cruise ships operating on Baltic Sea

Princess Anastasia, the bigger of the two ships operated by St. Peter Line on the Baltic Sea. (stpeterline.com)
9/26/2016 2:35 PM
Source: BNS
Category: Business

Russian shipping company St. Peter Line, which operates a Tallinn-St. Petersburg route with a fleet of two ships, the Princess Anastasia and the Princess Maria, is to sell the ships to Italian cruise ship operator Moby Lines, reported lemarin.fr.

According to initial information, the new owner is to relocate the Princess Anastasia away from the Baltic Sea, while the Princess Maria is scheduled to continue operating cruises in the region, Port of Tallinn Chief of Communications Sirle Arro told BNS.

She added that although the ships are to get a new owner, operations under the St. Peter Line trademark would continue in the region, with offices in St. Petersburg. According to Arro, ticket sales are likewise to continue as usual, and customers should not be affected by the change of ownership.

Anna Sorokina, a spokesperson for the St. Peter Line, told BNS that the company does not want to comment on the transaction before the end of September.

Italian cruise ship operator Moby Lines currently operates cruise lines between Italy and France.

Established in 2010, St. Peter Line operates routes between Tallinn, Helsinki, Stockholm and St. Petersburg with a fleet of two ships. The bigger of the two, the Princess Anastasia, is 177 meters long while the smaller one, the Princess Maria, is 166 meters long. The company is registered in Cyprus.

Editor: Aili Vahtla

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