Demurrage Analyst

Job Description & Requirements

Key Responsibilities

• Review and analyze voyage charter parties, Contracts of Affreightment (COAs), and related shipping contracts to determine demurrage and detention entitlement.
• Calculate laytime, demurrage, detention, and dispatch claims accurately in accordance with charter party terms and industry practices.
• Prepare, submit, negotiate, and settle demurrage and detention claims with charterers, shipowners, operators, brokers, terminals, and cargo interests.
• Monitor vessel performance, port operations, and voyage activities to identify potential claim opportunities and risks.
• Gather and review supporting documentation including Statements of Facts (SOF), Notice of Readiness (NOR), time sheets, pumping logs, cargo documents, and port records.
• Liaise closely with Chartering, Operations, Legal, Finance, and Commercial teams to resolve disputes and optimize claim recoveries.
• Maintain detailed records of claim status, recoveries, outstanding receivables, and dispute resolutions.
• Conduct root cause analysis on delays and provide recommendations to minimize future demurrage exposure.
• Ensure compliance with charter party terms, company policies, and industry regulations.
• Generate regular reports on demurrage performance, claim recovery rates, and key operational trends for management review.

Requirements

• Bachelor's Degree in Maritime Studies, Shipping, Logistics, Supply Chain, Business, Law, or a related discipline.
• Minimum 2–5 years of experience in demurrage, vessel operations, tanker operations, chartering support, claims handling, or a related shipping function.
• Strong understanding of laytime calculations, demurrage, detention, dispatch, and charter party clauses.
• Familiarity with tanker, dry bulk, or container shipping operations and commercial processes.
• Ability to interpret voyage charter parties, operational records, and contractual documentation accurately.
• Strong analytical and numerical skills with excellent attention to detail.
• Experience handling commercial claims and negotiating settlements is preferred.
• Proficient in Microsoft Excel and shipping-related systems or voyage management platforms.
• Excellent communication and stakeholder management skills.
• Ability to work independently, prioritize multiple claims, and meet tight deadlines in a fast-paced environment.
• Knowledge of industry standards such as BIMCO charter parties and shipping commercial practices would be advantageous.