Commercial Manager
2001-30000
Other
Al SheehaniyaLocation
Al Sheehaniya10 days ago
Posted date10 days ago
What are you going to do
Essential skills and knowledge
- Contribute to the formulation of the divisional strategy in alignment with Company strategy and support its implementation.
- Participate in translating the divisional strategy into annual operational business plans and ensure their implementation, as well as follow up and take corrective actions as needed.
- Manage and direct chartering and post fixture operations of internationally trading LNG and LPG vessels in terms of:
- Capturing suitable chartering opportunities and maximizing the utilization of the vessels under the in-house Commercial management of Company;
- Maintaining close dialogue with market players, brokers, and potential customers;
- Providing appropriate guidance on Charter Party terms.
- Manage Vessel charter-party performance claims, which includes:
- Monitoring performance of vessels versus the charter party requirements.
- Monitoring vessels’ performance in line with TCP warranties; following up on underperformance observations or concerns (as required), etc.
- Liaise with fleet managers/heads to ensure proper communication and balance between customers’/charterers’ requirements , safety requirements and efficient vessel operations.
- Stay abreast with the latest trading patterns/routes, and industry/regulatory trends in coordination with the Fleet division to ensure the optimal feet utilization, and to enhance vessels efficiency.
- Lead efforts related to identifying and analyzing business opportunities, as well as providing recommendations to senior management.
- Act as commercial project manager for new deals/company potential acquisitions.
- Participate/advise on contract negotiations including, joint ventures formulation and agreements, ship building contracts, sales & purchase agreements, and Charter party(s).
- Oversee commercial and chartering related analysis, including overall market direction, forecast, opportunities evaluation, business plan development, and KPI’s.
- Work closely with the commercial analysis team to review business/chartering opportunities assumptions.
- Analyze market outlook and assist in identifying possible business opportunities and possible chartering processes enhancements.
Essential skills and knowledge
- Bachelor’s degree in Business Administration, Economics, Marine Engineering or any other related filed.
- Master’s degree in a relevant discipline is preferred.
- 12 - 15 years of relevant experience as a charterer, shipping, and commercial operator in a ship-owning company, chartering desk, trading desk, International Oil & Gas Company, or brokerage firm, with a minimum of 5 years in leadership role.
- Experience with joint venture formations and shipbuilding contract negotiations preferred.
- LNG chartering experience (preferably LPG and/or tanker experience as well)
- Extensive knowledge of Shipping Commercial management/contracts - Chartering and Operations
- Strong track record of leading and managing negotiations
- Strong analytical and business evaluation skills including solid understanding of project/investment analysis
- Project management skills will be added advantage
JOB SUMMARY