Senior Chartering Executive

Role Purpose

The Senior Chartering Executive is responsible for driving day-to-day chartering activities and maximizing the commercial employment of the chemical tanker fleet within assigned geographic markets. This role focuses on optimizing vessel utilization, negotiating fixtures, and ensuring voyage profitability. The incumbent will act as a key commercial link, managing contract execution (CoAs), maintaining critical market relationships, and identifying spot and period opportunities.

Principal Duties & Responsibilities

Chartering & Commercial Execution

• Fleet Employment: Execute the marketing, chartering, and commercial employment of chemical tankers within the assigned region to achieve optimal earnings and utilization.

• Voyage Economics: Prepare detailed voyage estimations, freight calculations, and commercial proposals to assess the profitability of prospective fixtures.

• CoA Administration: Overlook the management, timely nominations, and seamless execution of Contracts of Affreightment (CoAs).

• Market Analysis: Conduct routine market research and monitoring to track chemical cargo movements, competitor activity, freight rate trends, and emerging risks.

• Performance Monitoring: Monitor vessel schedules and port turnaround times, working proactively to minimize delays and optimize overall voyage margins.

Contractual & Risk Management

• Fixture Documentation: Draft, review, and finalize charter party agreements, ensuring all terms are legally sound and aligned with company risk management standards.

• Issue Resolution: Identify and proactively resolve potential contractual disputes or ambiguities, coordinating closely with legal and claims teams regarding demurrage or performance claims.

• Digital Systems: Maintain accurate and timely updates in the commercial chartering software to ensure data-driven decision-making and reporting.

• Commercial Support: Assist management with data gathering and analysis for budgeting, forecasting, and commercial strategy reviews.

Key Stakeholder Relationships

Internal Collaboration

• Operations Department: Coordinate closely to monitor ongoing voyages, align on technical/scheduling constraints, and maximize operational efficiency and profitability.

• Post-Fixture Department: Partner to ensure accurate, timely freight and demurrage invoicing, and support the swift collection of outstanding accounts receivable.

• Management: Provide clear, routine updates on fixture statuses, market positions, and vessel availability.

External Network

• Client Relations: Serve as a reliable, primary commercial point of contact for chartering clients, fostering long-term trust.

• Market Presence: Build and maintain active, productive working relationships with shipbrokers, charterers, and industrial chemical cargo owners.

Knowledge, Skills & Experience Requirements

Technical Competencies

• Maritime Expertise: Strong understanding of chartering practices, charter party clauses, and chemical tanker operations (including familiarity with IMO cargo segregation and safety standards).

• Software Proficiency: Hands-on experience with maritime commercial systems and voyage estimation tools (e.g., IMOS, Veson, or equivalent applications).

• Analytical Skills: Competent in commercial arithmetic, layout of voyage estimates, and evaluating freight-per-ton variances.

Core Competencies

• Negotiation & Influence: Strong commercial acumen with the ability to effectively negotiate freight rates and charter terms.

• Resilience: Ability to work efficiently under pressure, manage multiple high-priority fixtures simultaneously, and adapt to volatile market conditions.

• Communication: Excellent interpersonal skills with a collaborative, team-oriented mindset.

• Attention to Detail: Meticulous in reviewing legal fixtures and tracking voyage variables to protect profit margins.

Education & Experience

• Education: Diploma or Bachelor's Degree in Maritime Studies, Shipping & Logistics, Business Administration, or a related discipline.

• Experience: Minimum of 3-5 years of direct experience in chemical tanker chartering or closely related commercial shipping operations. A proven track record of successfully fixing vessels independently is required.

Chan Chee Meng
EA 07C3069/R1110620