The Russian annual holiday of school graduates Scarlet Sails was celebrated in St. Petersburg on Sunday and Monday. /VCG Photo

The "Scarlet Sails" symbolize the hopes that the city places today on a new generation, on talent and promising young people. /VCG Photo

The main event during the festival is the night show, which includes light show, music, fireworks and water performances. A ship of red sails floated on the Neva River marking school graduation in St. Petersburg. /VCG Photo