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- Tasks: Manage freight chartering and cargo logistics for oil trading, ensuring top-notch performance.
- Company: Join a leading oil trading company based in London with a dynamic work environment.
- Benefits: Enjoy a competitive salary of £100,000 plus bonuses and great benefits.
- Why this job: Be part of a crucial role that maximises value through negotiation and operational excellence.
- Qualifications: Strong commercial awareness, negotiation skills, and experience in shipping contracts required.
- Other info: Opportunity to collaborate with various teams and enhance your industry knowledge.
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 during negotiations but also demonstrate your commercial awareness to potential employers.
✨Tip Number 2
Network with professionals in the shipping and oil trading sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities at StudySmarter.
✨Tip Number 3
Brush up on your knowledge of shipping contracts, particularly charter parties. Being well-versed in these documents will give you an edge in discussions and show that you're serious about the role.
✨Tip Number 4
Prepare to discuss your experience with demurrage calculations and claims handling. Be ready to share specific examples of how you've successfully managed these processes in the past, as this is a key aspect of the Charterer role.
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 and cargo logistics. Emphasise your negotiation skills and any previous roles that involved managing shipping contracts or demurrage claims.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Charterer position specifically. Mention your understanding of oil trading activities and how your skills align with the responsibilities outlined in the job description.
Showcase Relevant Skills: Highlight your strong commercial awareness and negotiation skills in both your CV and cover letter. Provide examples of how you've successfully managed freight economics or handled claims in past roles.
Proofread Your Application: Before submitting, carefully proofread your application 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
✨Showcase Your Negotiation Skills
As a Charterer, negotiation is key. Be prepared to discuss your past experiences in negotiating charters and how you achieved optimal freight economics. Use specific examples to demonstrate your commercial awareness and ability to secure favourable terms.
✨Understand Shipping Contracts
Familiarise yourself with various shipping contracts, especially charter parties and sales contracts. During the interview, be ready to explain how you have navigated these contracts in previous roles and how you ensure compliance with internal processes.
✨Demonstrate Market Awareness
Stay updated on current market trends in the oil trading sector. Be prepared to discuss how you assess market conditions and provide intelligence to your team. This shows that you can contribute valuable insights to the trading team.
✨Highlight Cross-Functional Collaboration
The role requires strong collaboration with various teams. Share examples of how you've successfully worked with trading, legal, finance, and operations teams in the past. Emphasise your communication skills and ability to coordinate effectively across departments.
