Commercial Executive (Tankers)

DIRECT SEARCH ASIA PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

DIRECT SEARCH ASIA PTE. LTD. is seeking a Commercial Executive to support chartering and commercial management of a small shipowner's tanker fleet.

The role involves sourcing cargo opportunities, preparing voyage estimates, negotiating fixtures, and coordinating with operations on each voyage. You will work closely with charterers, traders and brokers, review Charter Party terms, monitor market developments, and compile voyage profitability reports.

Qualifications

• Diploma or degree in Maritime Studies, Shipping, Business or related discipline.
• 2–5 years of tanker chartering, shipbroking, commercial operations or vessel operations experience.
• Experience with Charter Parties and voyage calculations advantageous.
• Existing relationships with charterers, traders or brokers beneficial.

Responsibilities

• Source and evaluate suitable cargo opportunities for the tanker fleet.
• Maintain regular contact with charterers, traders, brokers and other market participants.
• Support the negotiation and conclusion of voyage charters, time charter trips and period fixtures.
• Review Charter Party terms, conditions and rider clauses.
• Prepare voyage estimates covering freight income, bunker costs, port expenses and expected returns.
• Monitor vessel positions, cargo requirements, freight rates and tanker-market developments.
• Prepare and circulate vessel-position lists and cargo updates.
• Coordinate with the operations team following fixture confirmation.
• Monitor voyage performance and ensure compliance with commercial terms.
• Assist with bunker planning and voyage-cost optimisation.
• Review laytime calculations and support demurrage and despatch claims.
• Maintain accurate records of fixtures, voyage performance and commercial results.
• Prepare market reports, voyage profit-and-loss summaries and management updates.
• Identify and develop relationships with new charterers and commercial partners.
• Resolve commercial and operational matters while protecting the shipowner's interests.

Skills

Negotiation skills

Numerical ability

Independent work

Organisational skills

Problem solving

English proficiency

Education

Diploma/degree in Maritime Studies or Shipping

Tools

Excel

Job description

Role Overview

We are seeking a Commercial Executive to support the chartering and commercial management of a small shipowner's tanker fleet. The successful candidate will source cargo opportunities, prepare voyage estimates, negotiate fixtures and coordinate closely with the operations team throughout each voyage. This is a hands-on position offering broad exposure to both commercial decision-making and day-to-day tanker operations.

Key Responsibilities

• Source and evaluate suitable cargo opportunities for the tanker fleet.
• Maintain regular contact with charterers, traders, brokers and other market participants.
• Support the negotiation and conclusion of voyage charters, time charter trips and period fixtures.
• Review Charter Party terms, conditions and rider clauses.
• Prepare voyage estimates covering freight income, bunker costs, port expenses and expected returns.
• Monitor vessel positions, cargo requirements, freight rates and tanker-market developments.
• Prepare and circulate vessel-position lists and cargo updates.
• Coordinate with the operations team following fixture confirmation.
• Monitor voyage performance and ensure compliance with commercial terms.
• Assist with bunker planning and voyage-cost optimisation.
• Review laytime calculations and support demurrage and despatch claims.
• Maintain accurate records of fixtures, voyage performance and commercial results.
• Prepare market reports, voyage profit-and-loss summaries and management updates.
• Identify and develop relationships with new charterers and commercial partners.
• Resolve commercial and operational matters while protecting the shipowner's interests.

Qualifications and Experience

• Diploma or degree in Maritime Studies, Shipping, Business or a related discipline.
• Two to five years of experience in tanker chartering, shipbroking, commercial operations or vessel operations.
• Candidates from shipowners, operators, trading companies or tanker-broking firms may be considered.
• Good understanding of tanker markets, Charter Parties and voyage calculations.
• Experience with clean petroleum products, dirty petroleum products or chemical tankers would be advantageous.
• Existing relationships with charterers, traders or brokers would be beneficial.n
• Strong commercial awareness, numerical ability and negotiation skills.
• Able to work independently and take on broad responsibilities within a lean team.
• Good organisational and problem-solving capabilities.
• Proficient in Microsoft Excel and relevant shipping or voyage-management systems.
• Excellent written and spoken English.