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Integr8 Fuels

Bunker Trader (Korean speaker)

Early Applicant
  • Posted 4 days ago
  • Be among the first 10 applicants
1-3 Years

Job Description

About the Company: Integr8 is a leading trading company focused on providing exceptional services in the bunker trading sector. Our mission is to secure the best commercial terms possible while fostering strong relationships with our suppliers and customers. We pride ourselves on our collaborative culture and commitment to excellence.

About the Role: Bunker Traders are an integral part of Integr8s trading business model. They are responsible for securing the best commercial terms possible with physical suppliers in the regions they operate and be the conduit of information between Integr8s customer traders and suppliers market.

You will be liaising with Japanese / Korean suppliers regarding the supply of bunker fuel and to manage, build and maintain business relationships with current and potential suppliers.

Responsibilities:

  • Conducting market research to identify prospective new customers and winning new business
  • Marketing Integr8 to third-party customers
  • Bunker sales for a range of third-party customers
  • Planning ideal bunkering ports for the voyage the vessel is planning
  • Liaising daily with existing 3rd party customers
  • Maintaining and improving the Bunker Trading Platform
  • Managing the risk management activities of the supply/sales contracts in accordance to corporate tolerances such as mVar, Flat Price limit (Quantity), Stop Loss (USD), and Paper Tenor (Month) etc
  • Employ risk management and profit optimizing strategies including but not limited to Fixed Forward Price (FFP), Capped Supply Contract (CSC), Discounted Floating Price (DFP), Physical Collar Contract (PCC) etc
  • Daily DER (daily exposure report) to capture exposure

Qualifications:

  • Must be well versed with the Korean language. Japanese is a plus but not necessary
  • 1-2 years in a similar role
  • An interest in the shipping market
  • Proactive mindset
  • Commercially driven
  • Ability to work autonomously as well as in a team
  • Strong negotiation skills or a willingness to learn
  • Willing to travel to meet suppliers (normally twice a year)
  • Ability to build relationships at all levels

Required Skills: Proficiency in Korean, strong negotiation skills, and a proactive mindset.

Preferred Skills: Knowledge of the shipping market and familiarity with Korean language.

More Info

Industry:Other

Function:Bunker Trading

Job Type:Permanent Job

Date Posted: 01/08/2025

Job ID: 123074123

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Last Updated: 02-08-2025 02:15:20 AM
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