Senior Commercial Executive

SFI ENERGY PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading energy firm in Singapore is seeking a dedicated professional for chartering and commercial operations. The successful candidate will be responsible for executing chartering activities, negotiating agreements, and monitoring vessel performance. Candidates should have 3-5 years of experience in the shipping industry, especially with tanker vessels, and possess strong analytical and negotiation skills. A high level of proficiency in relevant software is also required. This position offers a dynamic work environment with opportunities for growth.

Qualifications

• 3-5 years of experience in a commercial, chartering, or operations role within the shipping industry.
• Experience with tanker vessels, especially crude oil or liquefied gas tankers.
• Working knowledge of shipping contracts and regulations.

Responsibilities

• Execute chartering activities across various types of fixtures.
• Prepare and negotiate charter party agreements.
• Monitor vessel utilisation and commercial KPIs.
• Support business development initiatives and market assessments.

Skills

Negotiation skills

Communication skills

Analytical skills

Problem-solving abilities

Tools

Data analysis tools

Job description

Essential Functions

1. Chartering and Commercial Operations
   • Execute chartering activities across spot, COA, and time charter fixtures in accordance with the contracts, company strategy and approval frameworks.
   • Prepare, review, negotiate, and administer charter party agreements and related commercial documentation.
   • Acts as a primary commercial point of contact for assigned vessels, charterers, brokers, and vessel managers.
   • Monitor compliance with charter party terms and escalate deviations or risks where required.
2. Commercial Performance and Reporting
   • Monitor vessel utilisation, hire performance, off-hire events, and commercial KPIs.
   • Prepare regular commercial performance reports and analysis for management review.
   • Prepare and maintain a rolling fleet deployment outlook as part of regular commercial reporting, including scenario analysis where relevant.
   • Support assessment of commercial exposure, risks and mitigation measures.
3. Stakeholder and Market Interface
   • Liaise with brokers, charterers, and counterparties on commercial and operational matters.
   • Support relationship management with customers and commercial partners.
   • Assist with market analysis, freight benchmarking, and competitor monitoring
4. Business Support and Development
   • Support business development initiatives, including preparation of commercial proposals and market assessments.
   • Provide commercial input to internal discussions on fleet deployment, new projects, and operational planning.

Minimum Requirements & Qualifications

• Minumum3-5 years of direct experience in a commercial, chartering, or operations role within the shipping industry.
• Proven experience with tanker vessels is preferred, with specific experience in crude oil or liquefied gas tankers being highly advantageous.
• Working knowledge of shipping contracts (e.g., Charter Parties), regulations, and commercial best practices.
• A solid understanding of shipping economics, freight rate calculations, and market dynamics.
• Clear negotiation and communication skills, with the ability to influence and build strong relationships.
• Strong analytical and problem-solving abilities to make data-driven decisions.
• High level of proficiency in relevant software and data analysis tools.