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Commercial Manager
10 days ago
Posted date
10 days ago
SeniorMinimum level
Senior
OtherJob category
Other
What are you going to do

  • 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
Related tags
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JOB SUMMARY
Commercial Manager
Al Sheehaniya
10 days ago
Senior
Full-time