Green Reefers has sold two ships that are more than three decades old, with both vessels headed to recycling markets in India and Turkey.

The deals emerged as demolition prices have been declining in India.

The Norwegian shipowner has sold the 266,000-cbf reefer Green Maloy (built 1990) for a price of $480 to $488 per ldt, according to Best Oasis and VesselsValue.