Two elderly ferries recently put up for sale by Italian ferry operator Moby Lines are being sold for further trading in the Azores.

Sources say that Portucalence, a Greek-backed ferry outfit that operates services in Portugal’s Azores islands, is in the process of finalising a deal to buy the 5,400-gross-ton (gt) Moby Love (built 1975) and 5,700-gt Moby Baby (built 1966).