Bunker Trader

Kenoil Marine Services Pte Ltd; Singapore; On-site; SGD 120,000 - 200,000; Full time

Job summary

Kenoil Marine Services Pte Ltd is seeking an experienced bunker trader to develop strategies, originate opportunities, and optimize end-to-end trade execution. You will maintain relationships with shipowners, operators, and brokers while monitoring market dynamics.

The role requires strong negotiation, analytical, and cross-functional collaboration skills in a fast-paced, international trading environment. Singapore-based position with global exposure and compliance focus.

Qualifications

• Bachelor's degree or Diploma in Business, Finance, Economics, Maritime Studies, Engineering, or related field.
• Min 3 years in bunker trading, marine fuel trading, physical oil trading, or related energy trading.
• Demonstrated track record of profitable customer portfolios and achieving commercial targets.
• Strong understanding of bunker markets, marine fuels, shipping operations, and global energy supply chains.
• Established network of shipowners, operators, brokers, bunker suppliers, and industry stakeholders preferred.
• Excellent negotiation, relationship management, and commercial acumen.
• Strong analytical and quantitative skills with market trends, pricing dynamics, and trading risks.
• Experience managing market, credit, and operational risks within a trading environment.
• Proficiency in Excel and trading/ERP platforms.
• Ability to work under pressure in a fast-paced, international trading environment.
• Strong communication and stakeholder management skills, engaging senior management, customers, and counterparties.

Responsibilities

• Develop and execute bunker fuel trading strategies to maximize profitability and market share across regions and customer segments.
• Identify and originate new trading opportunities through market intelligence, customer engagement, and supply optimization.
• Monitor global and regional bunker markets, supply-demand fundamentals, freight markets, refinery economics, geopolitical developments, and regulatory changes affecting marine fuels.
• Negotiate and execute physical bunker fuel transactions, including spot and term contracts, with shipowners, operators, suppliers, and brokers.
• Manage a portfolio of customers and suppliers while building and maintaining strong commercial relationships to drive business growth.
• Optimize trading margins through effective pricing, risk management, inventory management, and supply chain coordination.
• Oversee and coordinate the end-to-end trade lifecycle, including nominations, scheduling, deliveries, documentation, invoicing, and dispute resolution.
• Manage market, credit, operational, and counterparty risks in accordance with company policies and approved trading limits.
• Collaborate closely with operations, credit, finance, and compliance teams to ensure efficient and compliant trade execution.
• Analyze trading performance, market trends, and competitor activities, providing strategic recommendations to management.
• Ensure compliance with all applicable regulations, sanctions requirements, and internal policies governing energy and bunker trading activities.

Skills

Bunker trading

Market analysis

Negotiation

Portfolio management

Risk management

CRM relationships

Education

Bachelor's degree / Diploma in Business, Finance, Maritime Studies

Tools

Excel

Trading/ERP platforms

Job description

Responsibilities

• Develop and execute bunker fuel trading strategies to maximize profitability and market share across designated regions and customer segments.
• Identify and originate new trading opportunities through market intelligence, customer engagement, and supply optimization.
• Monitor global and regional bunker markets, supply-demand fundamentals, freight markets, refinery economics, geopolitical developments, and regulatory changes affecting marine fuels.
• Negotiate and execute physical bunker fuel transactions, including spot and term contracts, with shipowners, operators, suppliers, and brokers.
• Manage a portfolio of customers and suppliers while building and maintaining strong commercial relationships to drive business growth.
• Optimize trading margins through effective pricing, risk management, inventory management, and supply chain coordination.
• Oversee and coordinate the end-to-end trade lifecycle, including nominations, scheduling, deliveries, documentation, invoicing, and dispute resolution.
• Manage market, credit, operational, and counterparty risks in accordance with company policies and approved trading limits.
• Collaborate closely with operations, credit, finance, and compliance teams to ensure efficient and compliant trade execution.
• Analyze trading performance, market trends, and competitor activities, providing strategic recommendations to management.
• Ensure compliance with all applicable regulations, sanctions requirements, and internal policies governing energy and bunker trading activities.

Qualifications

• Bachelor's degree or Diploma in Business, Finance, Economics, Maritime Studies, Engineering, Supply Chain, or a related discipline.
• Minimum 3 years of experience in bunker trading, marine fuel trading, physical oil trading, or a related energy trading role.
• Demonstrated track record of developing profitable customer portfolios and achieving commercial targets.
• Strong understanding of bunker markets, marine fuels, shipping operations, and global energy supply chains.
• Established network of shipowners, operators, brokers, bunker suppliers, and industry stakeholders preferred.
• Excellent negotiation, relationship management, and commercial acumen.
• Strong analytical and quantitative skills with the ability to assess market trends, pricing dynamics, and trading risks.
• Experience managing market, credit, and operational risks within a trading environment.
• Proficiency in Microsoft Excel and trading/ERP platforms.
• Ability to work effectively under pressure in a fast-paced, international trading environment.
• Strong communication and stakeholder management skills, with the ability to engage senior management, customers, and counterparties.
• Self-motivated, entrepreneurial, and results-oriented with a strong commercial mindset.