Bunker Trader

Core purpose of the role:

To liaise with Japanese / Korean suppliers regarding the supply of bunker fuel and to manage, build and maintain business relationships with current and potential suppliers.

Summary of responsibilities:

• Conducting market research to identify prospective new customers and winning new business
• Marketing Integr8 to third-party customers
• Bunker sales for a range of third-party customers
• Planning ideal bunkering ports for the voyage the vessel is planning
• Liaising daily with existing 3rd party customers
• Maintaining and improving the Bunker Trading Platform
• Managing the risk management activities of the supply/sales contracts in accordance to corporate tolerances such as mVar, Flat Price limit (Quantity), Stop Loss (USD), and Paper Tenor (Month) etc
• Employ risk management and profit optimizing strategies including but not limited to Fixed Forward Price (FFP), Capped Supply Contract (CSC), Discounted Floating Price (DFP), Physical Collar Contract (PCC) etc
• Daily DER (daily exposure report) to capture exposure

Requirements

• 1-2 years in a similar role
• An interest in the shipping market
• Proactive mindset
• Commercially driven
• Ability to work autonomously as well as in a team
• Strong negotiation skills or a willingness to learn
• Willing to travel to meet suppliers (normally twice a year)
• Ability to build relationships at all levels