Star Reefers should soon bank a cheque for almost $5m after scrapping a couple more of its older vessels.

It is thought the 411,008-cfb Tauranga Star (built 1992) and the 378,000-cbf Valparaiso Star (built 1989) will be chopped up at an Indian yard.

Cash buyer GMS places a figure of $525 per ldt on the first of the vessels and $415 per ldt number on the second.

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