Internship duration:
- Between Jan to June 2025
Main Responsibilities:
The Execution Intern will handle all execution activities related to the LDC Dry Bulk/Palm business based at the Singapore Regional office.
- Issuance of contracts after trades are validated and communicate with the trading desk in case of any discrepancies
- Liaise with suppliers, internal and external customers, to plan and manage shipments according to the contractual requirement
- Activities include following up on freight bookings and vessel tracking, checking the shipment plan, sending vessel nominations, sending/receiving shipping instructions, appointment of surveyors for loading and discharging operations, receiving/issuing letter of credit, sending/receiving shipment tenders, preparation and negotiation of shipping documents to ensure settlements are done timely and correctly
- Responsible for maintenance of the trading system, to ensure the contract execution status is correct and all relevant data is input correctly and on time
- Responsible for vessel laytime calculation, demurrage and insurance settlements for the shipments handled
- Responsible for tracking and closing of aging files (laytime and other receivables / accruals)
- Provide high value support to the business, anticipate risk, risk mitigation and provide solution to the business
Requirements:
- Degree in Maritime Studies or any related field
- Knowledge of Incoterms, UCP/ISBP rules and Charter Party term will be a plus
- Knowledge of vessel laytime calculation preferred but not essential
