MUR expands fleet with commercial management deal

MUR and JP Morgan reach an agreement with Louis Dreyfus Armateurs to take over a fleet of 13 handysize and supramax bulk carriers. The vessels will be technically-managed by Dockendale, MUR’s ship management company.

The ships will be gradually delivered in the coming weeks and, as part of the transaction, MUR will take over cargo contracts that will run until 2025.