Job Overview:
The Bunker Trader is 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. The Bunker Trader must stay informed about market trends and pricing, and effectively manage financial and operational risks. This position requires strong negotiation skills, industry knowledge, and the ability to make quick, informed decisions in a fast-paced environment.
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 KPI’s and monthly targets.
Requirements:
- A bachelor’s degree in Business, Economics, Maritime Studies, Logistics, or a related field is preferred.
- Minimum of 3-7 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 quality required is a team player and positive attitude.
- Thrive from the “round-the-clock” lifestyle of trading/shipping
- Strictly compliance driven and good organizational skills.
- Timekeeping and book- keeping are essential attributes.
- Networking, Team player, result oriented, Passionate about oil industry, Can-do Attitude and Business Development are some of the key skills for the bunker Trader.
