Procurement Manager (Bunker)

Talent Titans Pte Ltd; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading company in maritime operations is seeking a Marine Fuel Procurement Specialist to oversee fuel procurement for its fleet. This role involves managing supplier performance, resolving operational issues, and collaborating with internal teams to ensure fuel requirements are efficiently met. The ideal candidate will have a strong background in marine fuel trading, excellent analytical skills, and a proactive approach to problem-solving.

Qualifications

• Relevant experience in marine fuel procurement or trading.
• Proficient in technical and analytical tasks.
• Solid track record within the maritime or shipping industry.

Responsibilities

• Oversee end-to-end procurement process of marine fuel.
• Manage supplier performance and resolve delivery issues.
• Provide forward pricing estimates and assist with hedging transactions.

Skills

Negotiation

Vendor Management

Analytical Skills

Communication

Detail-oriented

Education

Diploma or Degree in logistics, maritime studies, economics

Tools

MS Office

Maritime operations software (e.g. IMOS)

Job description

Responsibilities:

• Oversee the end-to-end procurement process of marine fuel for a fleet of vessels.
• Identify competitive quotations, assess pricing, and secure supplier confirmations with internal approvals.
• Manage supplier performance, focusing on key operational indicators such as fuel quality, quantity, and overall service standards.
• Investigate and resolve issues related to bunker delivery and operations.
• Maintain accurate documentation and monitoring of all bunker-related transactions and activities.
• Coordinate with Masters, Fleet Operations Managers, and Technical Superintendents to ensure vessel fuel requirements are met.
• Issue bunker nominations to suppliers and coordinate with all relevant stakeholders including agents, vessels, and internal departments. Track progress until bunkering is completed.
• Possess solid knowledge of bunkering operations and marine fuel quality/quantity concerns, with a commercial mindset being an advantage.
• Understanding of operational analysis and optimization tools (e.g. linear programming) used in fuel procurement planning is preferred.
• Proactive, solution-oriented individual capable of working independently to troubleshoot and resolve issues.
• Manage both routine and unexpected daily tasks efficiently.
• Communicate effectively, both verbally and in writing, with various internal and external parties.
• Leverage operational data and trends to recommend process improvements and cost-saving initiatives.
• Provide forward pricing estimates and assist with negotiating hedge transactions where applicable.
• Collaborate with leadership to enhance workflows and contribute to policy development.
• Perform additional tasks as assigned by management.

Requirements:

• Diploma or Degree, ideally in logistics, maritime studies, economics, or related fields.
• relevant experience in marine fuel procurement or trading.
• Demonstrated proficiency in technical and analytical tasks, with a strong ability to prioritize work effectively.
• Solid track record within the maritime or shipping industry.
• Strong interpersonal and communication skills; able to build positive working relationships.
• Detail-oriented, well-organized, and a strong team player.
• Skilled in negotiation and vendor management.
• Proficient with MS Office; familiarity with maritime operations software (e.g. IMOS) is a plus.