Sr. Marine Fuels Trader

Oilmar Shipping and Chartering; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

An established industry player is seeking a Bunker Trader to manage the purchasing and selling of marine fuel. This dynamic role involves building relationships with suppliers and clients, negotiating contracts, and ensuring timely delivery of fuel. The ideal candidate will have a strong understanding of the maritime industry, excellent negotiation skills, and the ability to thrive in a fast-paced environment. Join a vibrant team and contribute to a critical sector of the shipping industry, where your expertise will drive success and innovation. If you are passionate about the oil industry and ready for a challenging yet rewarding role, this opportunity is for you.

Qualifications

• 2-3 years of experience in bunker trading or related maritime field.
• Strong understanding of maritime industry and vessel operations.

Responsibilities

• Manage back-to-back bunker trading and develop customer relationships.
• Monitor supply chain from loading to delivery and payments.

Skills

Negotiation Skills

Market Analysis

Team Player

Organizational Skills

Financial Analysis

Networking

Timekeeping

Bookkeeping

Education

Bachelor's degree in Business

Bachelor's degree in Economics

Bachelor's degree in Maritime Studies

Bachelor's degree in Logistics

Tools

Excel

Company ERP

Job description

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:

1. Carry out back-to-back bunker trading.
2. Canvassing and developing customers for ship owners, operators, and charterers.
3. Leveraging the existing team for supply sources.
4. Monitor the entire supply chain and trade cycle, right from loading, operations, delivery, and payments.
5. Responsible for maintaining and collecting accounts receivables and relevant payments for the trades.
6. Generating daily indications and pricing from suppliers to the team and to the clients.
7. Recording and following up on all trade-related activities and payments associated with trades.
8. Maintaining and documenting the enquiries and deals in the database via excel and company ERP.
9. Achieving KPI’s and monthly targets.

Requirements:

1. A bachelor’s degree in Business, Economics, Maritime Studies, Logistics, or a related field is preferred.
2. Minimum of 2-3 years of experience in bunker trading or a related field within the maritime industry.
3. Strong understanding of the maritime industry, including knowledge of vessel operations, fuel specifications, and international bunkering regulations.
4. Proven ability to negotiate contracts, pricing, and terms with suppliers and clients.
5. Understanding of financial markets, risk management, and the ability to analyze market trends and pricing.
6. Familiarity with environmental regulations and best practices for pollution prevention in the maritime industry.
7. Essential quality required is a team player and positive attitude.
8. Thrive from the “round-the-clock” lifestyle of trading/shipping.
9. Strictly compliance driven and good organizational skills.
10. Timekeeping and bookkeeping are essential attributes.
11. Networking, team player, result-oriented, passionate about the oil industry, can-do attitude, and business development are some of the key skills for the Bunker Trader.