vacancy List

Position Title: Manager – Commercial Chartering Crude (Suezmax)

 

 

Job Purpose:

To contribute to the development of Oman Shipping Company’s (OSC) vessel chartering activities in Suezmax segment and to maintain a competitive advantage position in the market. To be fully responsible for identifying local and international business opportunities in the Suezmax Tanker Segment, Chartering in and out of vessels, performing/supervising all fixtures and assist in post-fixtures activities. To develop and maintain profitable business network by constant contact with brokers and Charterers, Traders and Oil majors in order to achieve Company’s business objectives.

 

 

Key Accountabilities:

§ Establish the Suezmax Chartering desk by Chartering in and Chartering out vessels on regular intervals and generate revenue for the Company.

§ Negotiating charter parties with charterers/operators/brokers.

§ Executing charter parties with charterers /operators/brokers.

§ Measuring and reporting third-party service provider performance.

§ Reporting fixture results. Voyage accounting, including comparisons against the charter party estimates, on completion of the voyage and when the voyage file is closed, including analysis of variances.

§ Developing and maintain chartering operating procedures.

§ Supporting the ongoing and development of a safety and excellence culture.

§ Make complete voyage plan and estimates and execute same for a profitable venture.

§ Networking and engaging with key stakeholders to raise profile of the business.

§ Developing and contributing to key business strategy and ongoing business plan.

New Projects

Handle new project starting at feasibility through to viability, economic modelling, implementation and post implementation follow up for each new project ensuring OSC’s best interests are protected and maximum cost efficiencies are achieved

Contract Negotiation

Negotiate with key parties on contract and pricing issues as required to ensure best value commercial terms are achieved.

Continuous Improvement

Contribute to the identification of opportunities for continuous improvement of department systems, processes and practices, cost reduction and productivity improvement and risk assessment as per the industry norms.

Report Generation

Design & generate any departmental reports as per management request, timely and accurately to meet company and department requirements, policies and standards.

 

 

Minimum Qualification:

· Bachelors’ Degree in Business Admin / Logistics / Shipping or any related

 

 

Minimum Experience:

· 8-12 years overall Chartering experience of Vessels out of which at least 5 years in the similar industry specially in Suezmax Tanker segment.

· At least last 5 years in middle Management position.

· Knowledge of shipping cargoes and familiar with all related laws and regulations and should have hand on experience in fixing Suezmax tankers globally.

· Good network with cargo interest, operators/charterers within the shipping industry

 

 

Job Specific Skills:

· Leadership

· Computer

· Presentation

· Planning

 

 

Frameworks & Authority:

· The Chartering Manager confers with Sr. Manager - Tankers on critical and strategic issues.

· The jobholder will assist drawing up plans and strategies for the commercial department and ensure their implementation.

· The Chartering Manager is responsible for planning and implementing section strategies and keeping all OSC’s systems abreast with the latest technologies.

· Key decisions having significant impact on the Chartering Manager function are referred to the GM – Tanker & Gas for approval before implementation.

· The jobholder exercises financial authority as per the level established by the OSC management.

 

 

Competencies:

· Work effectively under pressure

· Problems solving

· Communication skills

· Determination to grow within the business

· Achieve results in a demanding and challenging environment

· Analytical thinking, highly detailed oriented and problem-solving skills.

· Impact, negotiation and Influence.

· Relationship building, information seeking and achievement Oriented.

· Computer savvy with modeling abilities.

Position Title: Manager - Chartering & Performance “VLCC”

 

 

Job Purpose:

To contribute to the development of Oman Shipping Company’s (OSC) vessel chartering activities and to maintain a competitive advantage position in the market. To maintain and identify local as well as international business opportunities in the Crude Tanker segment of Shipping and to follow through the implementation of these business opportunities.

 

 

Staff Supervised: 2

 

 

Key Accountabilities:

Responsibilities

§ Manage the Chartering and performance activities of the companies Crude Carrier fleet by optimizing and maximizing revenues.

Spot & period Chartering of the Crude fleet

§ Gainful employment of the Company Owned & Chartered in Crude tonnages in a cost effective, efficient and profitable manner.

§ The nature of the position requires the job holder to work around the clock and at the forefront of the company, using a combination of industry knowledge, technical analysis, and creative thinking to reposition the ships in order to enhance profit, mitigate downside risk and limit the current/future exposure of the company’s Crude freight portfolio.

§ Develop and implement marketing and chartering strategies to provide integrated services meeting clients’ requirements and to provide sustainable income/growth to the company.

§ Responsible and accountable for negotiating rates and contractual terms by identifying market trends and spot trading opportunities.

Performance of the Crude fleet

§ Step in on any matter impacting the Time Charter Equivalent (TCE) and to sign off on financial parameters such as vessel’s routing, speed and consumptions, bunkers’ quantities and location, and any regular and abnormal situations affecting the TCE.

§ Manage the commercial performance of the Crude fleet by delivering and securing a competitive advantage to the company.

§ Oversee the financial reporting of the VLCC performance to the company top management and shareholders.

Crude Strategy

§ Provide strategic plans affecting the profitability of the Crude fleet and to manage transitional periods any regulatory changes if any.

§ Handle projects starting with the feasibility study through to viability, economic modelling, implementation, and post implementation, and to follow up ensuring the companies best interests are protected, and that upmost efficiency is achieved.

Customer Liaison

§ Develop and maintain excellent customer relationships with Charterers, Owners, and Brokers, all from different backgrounds, cultures and ethnicities, enabling the jobholder to assess every situation in the best possible way, and to decide and act upon it.

§ Work closely with every department in the company ensuring smooth operation of all voyages.

Continuous Improvement

· Contribute identifying improvement opportunities of systems, processes, practices, cost reduction, productivity, improvement and risk assessment.

Report Generation

· Design & generate any departmental reports as per management request, timely and accurately to meet company and department requirements, policies, and standards.

COMMUNICATION:

Internal:

§ Commercial

§ Operations

§ Technical

§ Safety & Quality

§ Finance & Treasury

External:

§ OSC customers and prospective clients

§ Charterers, refiners and Traders

§ Owners and pool operators

§ Brokers, third party agents

 

 

Minimum Qualification:

· Bachelor’s degree in Business Management

 

 

Minimum Experience:

· 8-10 years’ experience in a commercial function with at least 3 years proven track record at managerial level.

· Extensive chartering and operational experience in running Tanker carriers, particularly in spot markets.

 

 

Job Specific Skills:

· Leadership.

· Communication.

· Organizational.

 

 

Frameworks & Authority:

· The Chartering Manager confers with GM Tanker & Gas and Sr. Commercial Tanker Manager on critical and strategic issues.

· The jobholder will assist drawing up plans and strategies for the commercial department and ensure their implementation.

· The Chartering Manager is responsible for planning and implementing section strategies and keeping all OSC’s systems abreast with the latest technologies.

· Key decisions having significant impact on the Chartering Manager function are referred to the GM – Tanker & Gas for approval before implementation.

· The jobholder exercises financial authority as per the level established by the OSC management.

 

 

Competencies:

· Analytical thinking, highly detailed oriented and problem-solving skills.

· Impact, negotiation and Influence.

· Relationship building, information seeking and achievement Oriented.

· Computer savvy with modeling abilities.