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- Tasks: Manage freight chartering and cargo logistics for oil trading, ensuring optimal performance.
- Company: Join a leading oil trading company based in London with a strong market presence.
- Benefits: Enjoy a competitive salary of £100,000 plus bonuses and benefits.
- Why this job: Be part of a dynamic team, maximising value through effective negotiations and operational execution.
- Qualifications: Strong commercial awareness, negotiation skills, and understanding of shipping contracts required.
- Other info: Opportunity to work in a fast-paced environment with cross-functional collaboration.
The predicted salary is between 72000 - 120000 £ per year.
Location - London
Base Salary - £100,000 + Bonuses and Benefits
Responsible for the end-to-end management of freight chartering and cargo logistics for oil trading activities, ensuring optimal commercial performance. The role encompasses chartering of vessels (Alframax, Suezmax, VLCC), cargo operations, and demurrage management, while ensuring compliance with contracts and internal processes. The Charterer will play a key role in maximising value through effective freight negotiations, operational execution, and accurate claim handling.
Responsibilities will include:
- Chartering & Freight Management: Negotiate spot and term charters with shipowners or brokers, ensuring optimal freight economics. (up to 20 per year) Ensure compliance with internal freight strategy and vetting requirements. Assess market trends and provide freight market intelligence to the trading team. Issue voyage orders, monitor freight exposure, and manage freight P&L. Coordinate with HQ shipping teams.
- Cross-Functional Collaboration: Maintain strong working relationships with trading, legal, finance, and compliance teams. Coordinate with internal OPS teams on vessel vetting and port restrictions. Ensure timely and accurate data entry in trading and operations systems. Manage end-to-end shipping logistics for crude cargoes, from nomination to discharge. Oversee the appointment of ship agents, surveyors, and inspectors. Coordinate vessel nominations, port documentation, and clearance processes. Track vessel progress and handle voyage execution to minimise delays and disruptions.
- Demurrage & Claims: Proactively track and calculate laytime and demurrage for both owned and chartered vessels. Handle submission and resolution of demurrage claims in line with contractual terms. Liaise with counterparties, terminals, and legal as needed to support claims recovery. Monitor well the time bar issue for all chartered vessels and third-party trade.
Skills and Competencies:
- Strong commercial awareness and negotiation skills.
- Understanding of shipping contracts (e.g., charter parties, sales contracts).
- Experience in laytime and demurrage calculation and claims handling.
Charterer employer: Insight
Contact Detail:
Insight Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Charterer
✨Tip Number 1
Familiarise yourself with the latest trends in the oil shipping market. Understanding current market dynamics will not only help you in negotiations but also demonstrate your commercial awareness during interviews.
✨Tip Number 2
Network with professionals in the shipping and oil trading sectors. Attend industry events or join relevant online forums to connect with potential colleagues and gain insights that could give you an edge in your application.
✨Tip Number 3
Brush up on your knowledge of shipping contracts, particularly charter parties and sales contracts. Being well-versed in these documents will be crucial for discussions during the interview process.
✨Tip Number 4
Prepare to discuss specific examples of your negotiation successes and how you've handled demurrage claims in the past. Real-life scenarios can showcase your skills effectively and make a lasting impression.
We think you need these skills to ace Charterer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in freight chartering, cargo logistics, and negotiation skills. Use specific examples that demonstrate your understanding of shipping contracts and your ability to manage demurrage claims.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Charterer position and explain how your background aligns with the responsibilities outlined in the job description. Mention your experience with vessel chartering and your ability to collaborate across teams.
Showcase Market Knowledge: Demonstrate your understanding of current market trends in oil trading and freight economics. Include any relevant insights or data that could showcase your commercial awareness and ability to provide valuable market intelligence.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in the role of a Charterer.
How to prepare for a job interview at Insight
✨Know Your Vessels
Familiarise yourself with the different types of vessels relevant to the role, such as Alframax, Suezmax, and VLCC. Understanding their specifications and operational capabilities will help you demonstrate your expertise during the interview.
✨Master Freight Negotiation Techniques
Prepare to discuss your negotiation strategies and past experiences in securing optimal freight economics. Be ready to provide examples of successful negotiations you've conducted, highlighting your commercial awareness and ability to maximise value.
✨Understand Demurrage and Claims Handling
Brush up on your knowledge of laytime calculations and demurrage claims. Be prepared to explain how you would handle these processes and any relevant experiences you have had in resolving claims effectively.
✨Showcase Cross-Functional Collaboration Skills
Highlight your experience working with various teams, such as trading, legal, and finance. Discuss how you have successfully coordinated with different departments to ensure smooth operations and compliance with internal processes.
