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- Tasks: Join us as a Marine Fuels Trader, buying and selling marine fuel while managing logistics.
- Company: Oilmar DMCC is a global leader in energy trading with a focus on marine fuels.
- Benefits: Enjoy a collaborative culture, cutting-edge workshops, and a commitment to environmental responsibility.
- Why this job: Be part of a dynamic team that values innovation and excellence in the maritime industry.
- Qualifications: A degree in Business or related fields and 3-5 years of relevant experience are preferred.
- Other info: This full-time role is based in London, offering a chance to thrive in a fast-paced environment.
The predicted salary is between 42000 - 84000 £ per year.
Oilmar DMCC was established in November 2015 with the goal of providing specialized chartering and tanker operations. Since then, Oilmar has expanded into trading and various projects within the energy sector. Today, Oilmar offers services in more than 60 countries worldwide, with offices in Seoul, Athens, Singapore, Copenhagen, and Dubai.
Meet our team: https://oilmar.com/oilmar-team/
Job Summary:
Marine Fuels Trader at Oilmar will be responsible for purchasing and selling marine fuel to vessels, ensuring competitive pricing and timely delivery. This role involves building and maintaining relationships with suppliers and clients, negotiating contracts, and managing the logistics of fuel delivery.
Marine Fuels Trader must stay informed about market trends and pricing while effectively managing financial and operational risks. This position demands strong negotiation skills, industry knowledge, and the ability to make quick, informed decisions in a fast-paced environment.
Key Responsibilities:
- Primary activity is to carry out back-to-back bunker trading
- Canvassing and developing customers for ship owners, operators, and charterers
- Leveraging the existing team for supply sources
- Monitor the entire supply chain and trade cycle, right from loading, operations, delivery, and payments
- Responsible for maintaining and collecting accounts receivables and relevant payments for the trades
- Generating daily indications and pricing from suppliers to the team and to the clients
- Recording and follow up on all trade-related activities and payments associated with trades
- Maintaining and documenting the enquiries and deals in the database via Excel and company ERP
- Achieving KPIs and monthly targets
Qualifications:
- Bachelor’s degree in Business, Economics, Maritime Studies, Logistics, or a related field is preferred
- Minimum of 3-5 years of experience in bunker trading or a related field within the maritime industry
- Strong understanding of the maritime industry, including knowledge of vessel operations, fuel specifications, and international bunkering regulations
- Proven ability to negotiate contracts, pricing, and terms with suppliers and clients
- Understanding of financial markets, risk management, and the ability to analyze market trends and pricing
- Familiarity with environmental regulations and best practices for pollution prevention in the maritime industry
- Essential qualities include being a team player with a positive attitude
- Strong compliance drive with good organizational skills
Preferred Skills:
Networking, team orientation, result-driven mindset, passion for the oil industry, a can-do attitude, and business development acumen are key attributes for success as a Marine Fuels Trader at Oilmar.
What would make you move to Oilmar:
- Our company culture is built on trust and teamwork. If you thrive in environments where collaboration and bold ideas are embraced, you\’ll feel right at home.
- Our state-of-the-art workshops provide cutting-edge insights into the bunkering sector.
- Environmental responsibility is at the heart of our mission and our offices are designed to foster a culture that reflects this commitment.
- At Oilmar, reliability is at the core of everything we do. You\’ll be part of a team where commitment to excellence is matched only by our drive to innovate and push the industry forward.
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Industries
Maritime Transportation
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Marine Fuels Trader employer: Oilmar DMCC
Contact Detail:
Oilmar DMCC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Marine Fuels Trader
✨Tip Number 1
Network within the maritime industry to build relationships with potential clients and suppliers. Attend industry events, conferences, and seminars to meet key players and stay updated on market trends.
✨Tip Number 2
Familiarise yourself with the latest regulations and environmental practices in the maritime sector. This knowledge will not only enhance your credibility but also demonstrate your commitment to sustainability, which is a core value at Oilmar.
✨Tip Number 3
Develop strong negotiation skills by practising with peers or through role-playing scenarios. Being able to negotiate effectively can set you apart from other candidates and is crucial for success in the Marine Fuels Trader role.
✨Tip Number 4
Stay informed about global fuel pricing and market dynamics. Regularly check industry reports and news to understand fluctuations and trends, as this knowledge will be vital in making quick, informed decisions in your role.
We think you need these skills to ace Marine Fuels Trader
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in bunker trading or the maritime industry. Emphasise your negotiation skills, understanding of fuel specifications, and any previous roles that involved managing logistics or financial risks.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the oil industry and your understanding of market trends. Mention specific examples of how you've successfully negotiated contracts or built relationships with clients and suppliers in the past.
Showcase Industry Knowledge: Demonstrate your knowledge of international bunkering regulations and environmental practices in your application. This could be through specific projects you've worked on or insights you've gained from your experience in the maritime sector.
Highlight Teamwork and Collaboration: Since Oilmar values teamwork, include examples of how you've worked effectively in teams. Discuss any collaborative projects or initiatives where you contributed to achieving common goals, showcasing your positive attitude and compliance drive.
How to prepare for a job interview at Oilmar DMCC
✨Know Your Market
Familiarise yourself with current trends in the marine fuels market. Be prepared to discuss recent price fluctuations and how they might impact trading decisions. This shows your industry knowledge and ability to stay informed.
✨Demonstrate Negotiation Skills
Prepare examples of past negotiations you've successfully conducted. Highlight your strategies for achieving favourable terms and how you handle objections. This role requires strong negotiation skills, so showcasing your experience is key.
✨Showcase Team Collaboration
Oilmar values teamwork, so be ready to discuss how you've worked effectively within a team in previous roles. Share specific instances where collaboration led to successful outcomes, especially in high-pressure situations.
✨Understand Compliance and Regulations
Brush up on international bunkering regulations and environmental best practices. Being able to articulate your understanding of compliance will demonstrate your commitment to responsible trading and align with Oilmar's values.
