Trading Analyst at Rainoil Limited

Job Summary

• To charter high quality vessels suitable for Rainoil Shipping & Trading requirements. It is also the responsibility and function of this Department to provide appropriate timely and cost-effective shipping and chartering strategy for the company.
• The incumbent will manage commercial and operational processes of all imported product (AGO, DPK and PMS).

Specific Duties & Responsibilities
Strategic:

• To ensures that the executed marine charter transactions is within Rainoil Shipping &Trading standard with the lowest possible freight costs meeting Rainoil S&T’s operational standards.
• Ensures the quality of all petroleum products and ensure they are within DPR/SON Standard specifications before they are imported or bought by the company.

Operational:

• Negotiates chartering transactions
• Co-ordinates with ship brokers and other industry contacts to provide expertise in support of Rainoil S&T’s business.
• Gathers, evaluates and maintains market information in support of commercial requirements.
• Anticipates market direction and identifies trends. Proactively sharing shipping market intelligence with other departments in the organisation.
• Calculates voyage economics as necessary to evaluate charter opportunities.
• Develops and maintains relationships with industry counterparts including ship owners, charterers, DPR, PPPRA and brokers to facilitate and enhance Rainoil S&T’s business.
• Keeps all other departments of the organisation informed of significant issues and changes in the tanker market.
• Supervises demurrage claims preparations and collection.
• Performs other assigned duties as delegated by the COO and MD/CEO from time to time.

Requirements

• Good University Degree
• 5 years’ experience within an organization with extensive shipping operations and logistics services.