Charterer

2 months ago

London, United Kingdom Aramco Trading Limited (ATL) Full time

Aramco Trading Limited (ATL) are currently recruiting for a Charterer to join the team.


Qualifications, experience and skills:

  • Bachelor degree in Business, Economics or equivalent
  • A degree in Maritime Operations is preferred
  • Experience in shipping logistics and chartering (freight/shipping)
  • Keep abreast of world demand and supply and the market’s dynamics
  • A broad network consisting of brokers and ship-owners
  • Good industry knowledge of international product and shipping market, ship chartering process, supply/demand fundamentals of freight markets, third party system parameters and the market’s competitors


Duties include:

  • Work and plan with traders, operations, and chartering manager to develop an annual shipping strategy and ensure successful chartering plan.
  • Conduct out chartering of TC and space on COA/SPOT vessels
  • Assist in preparing implementation plans to charter vessels
  • Review trading strategies periodically with chartering manager and operation’s lead, as well as, monitoring and adjusting positions based on risk and trading limits
  • Review terms and conditions and provide feedback/comments prior to executing a deal
  • Negotiate, decide, and validate shipping deals, alongside finalizing charter terms and executing the deals
  • Input transaction details into the current system and ensuring the accuracy of any given terms
  • Work closely with the Settlement team to follow up on freight payment
  • Interact with ship owners, brokers, and any other involved parties to obtain intelligence in order to develop a forward view of the shipping market and most importantly to identify opportunities leading to lower chartering rates
  • Coordinate with traders and operation’s schedulers to obtain and confirm vessel chartering requests
  • Coordinate with Finance team to provide information/data when required
  • Communicate with ship-owners and brokers in regards of contractual terms and conditions changes, and work with the freight and demurrage team to resolve contractual misunderstanding on a timely basis
  • Check and maintain trades, terms, banking details and other critical specifics for any errors and revise them
  • Perform other miscellaneous duties as directed by the Manager


Aramco Trading Limited

Established in 2010, Aramco Trading (ATC) is now the lead premier trading company in the Middle East. ATC initially started operations focusing on the trade of refined products, blending components, bulk petrochemicals, and polyolefins. Now, ATC focuses on refined products and blending components emerging as a global player based on an efficient and exceptional strategy. Our high performance and effective implementation of our strategy is viable based on the power of our employees, our advanced technology, and our avant-garde intelligence. With offices in Dhahran (Saudi Arabia), Singapore, Dubai and Fujairah (United Arab Emirates) and London, ATC’s team of about 500 employees are committed to helping its customers and partners all around the world.


Aramco Trading Limited (ATL) was incorporated in London in 2019. ATL carry out energy trading activities, in particular the trading, by way of procurement and sale of refined products, crude oil, specialty petroleum products and chemicals. In addition to physical trading, ATL also engage in a wide variety of activities including shipping, chartering, storage and trading of financial derivatives. The company has a widely diverse employee base with expertise in all aspects of the oil trading market. The rapidly expanding London team compliments our global network and provides constant coverage across all time zones. ATL is an active participant in hydrocarbon trading in Europe, Africa and the Americas, with wide variety of crude grades and different petroleum products. The Company has also been expanding its activities to include GAS business where trading Liquefied Petroleum Products (LPG) and Lignified Natural Gas (LNG) form part of the growing portfolio.

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