Bunker Trader

OILMAR SGP PTE. LTD.; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

Oilmar SGP Pte. Ltd. is seeking a Bunker Trader to manage marine fuel trading activities, negotiate contracts, analyze market trends, and coordinate logistics to ensure profitable and compliant fuel supply to vessels in a fast-paced environment.

You will source marine fuel, schedule deliveries, build relationships with shipping companies and suppliers, and manage pricing, risk, and regulatory compliance across the full trade cycle.

Qualifications

• Bachelor’s degree in Business, Economics, Maritime Studies, Logistics, or a related field.
• 3–5 years of bunker trading or related maritime industry experience.
• Strong knowledge of maritime operations, fuel specifications, and international bunkering regulations.
• Proven contract negotiation skills with suppliers and clients.
• Ability to analyze financial markets, manage risks, and interpret market trends and pricing.
• Familiarity with environmental regulations and pollution prevention in the maritime sector.
• Demonstrated teamwork and positive attitude.
• Strong compliance orientation and organizational skills.

Responsibilities

• Lead and execute bunker trading activities to achieve profitable transactions.
• Source marine fuel, negotiate contracts, and schedule deliveries to meet client and supplier requirements.
• Develop and maintain relationships with shipping companies, bunker suppliers, and stakeholders to identify new opportunities.
• Negotiate pricing, terms, and conditions to maximize profitability and manage risk exposure.
• Analyze market trends, pricing, supply and demand dynamics, and geopolitical factors impacting marine fuels.
• Manage trading risks including credit exposure and delivery risks in compliance with company policies and regulatory requirements.
• Oversee the entire supply chain and trade process, including loading, operations, delivery, and payment phases to ensure smooth execution.
• Coordinate with operations teams to guarantee timely delivery and quality assurance of marine fuels.
• Resolve operational issues, disputes, or claims related to bunker quality, quantity, or delivery with claims specialists.
• Maintain accurate records of trades, contracts, and communications using company databases or MS Dynamics.
• Support the Invoice/Debt Collector to ensure timely collection of payments related to trades.

Skills

Contract negotiation

Market analysis

Risk management

Team collaboration

Compliance orientation

Education

Bachelor’s degree

Job description

Company Overview

Oilmar SGP Pte Ltd is a maritime fuel trading company specializing in purchasing and selling marine fuel to vessels, focusing on competitive pricing, timely delivery, and strong supplier and client relationships.

Job Summary

Bunker Trader at Oilmar will manage marine fuel trading activities, negotiate contracts, analyze market trends, and coordinate logistics to ensure profitable and compliant fuel supply to vessels in a fast-paced environment.

Responsibilities

• Lead and execute back-to-back bunker trading activities to achieve profitable transactions.
• Source marine fuel, negotiate contracts, and schedule deliveries to meet client and supplier requirements.
• Develop and maintain business relationships with shipping companies, bunker suppliers, and stakeholders to identify new opportunities.
• Negotiate pricing, terms, and conditions to maximize profitability and manage risk exposure effectively.
• Analyze market trends, pricing, supply and demand dynamics, and geopolitical factors impacting marine fuels to inform trading decisions.
• Manage trading risks including credit exposure and delivery risks in compliance with company policies and regulatory requirements.
• Oversee the entire supply chain and trade process, including loading, operations, delivery, and payment phases to ensure smooth execution.
• Coordinate with operations teams to guarantee timely delivery and quality assurance of marine fuels.
• Resolve operational issues, disputes, or claims related to bunker quality, quantity, or delivery in collaboration with claims specialists.
• Maintain accurate records of trades, contracts, and communications using company databases or MS Dynamics.
• Support the Invoice/Debt Collector to ensure timely collection of payments related to trades.

Preferred competencies and qualifications

• Bachelor’s degree in Business, Economics, Maritime Studies, Logistics, or a related field.
• Minimum of 3-5 years of experience in bunker trading or related maritime industry roles.
• Strong knowledge of maritime industry operations, fuel specifications, and international bunkering regulations.
• Proven contract negotiation skills with suppliers and clients.
• Ability to analyze financial markets, manage risks, and interpret market trends and pricing.
• Familiarity with environmental regulations and pollution prevention best practices in the maritime sector.
• Demonstrated teamwork and positive attitude.
• Strong compliance orientation and organizational skills.