Feb 22 (Reuters) - Bunge Ltd
* Bahri and Bunge to form ocean freight joint venture
* JV will operate under name Bunge Bahri Dry Bulk Ltd.
* Financial terms of agreements were not disclosed
* company plans to ship over 5 million metric tons in year one, ramping up volume over time to double-digit figures
* Joint venture will be financed pro rata by bdb and bunge
* BDB and Bunge will own 60/40% of JV respectively, and it will be registered and based in Dubai
* JV will charter, commercially operate Supramax / Panamax initially from fleet currently owned/managed by BDB & subsequently from 3rd parties Source text for Eikon: Further company coverage: