Alternative Marine Fuels Trader / Manager
25 days ago
Dubai, Dubai, United Arab Emirates
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Job Description
Faststream Recruitment is seeking an Alternative Marine Fuels Trader/Manager to expand their alternative fuels business in Dubai or Singapore. The role involves managing trading activities, developing client relationships, and contributing to strategic growth in sustainable marine fuels like LNG and biofuels. Candidates should have at least 3 years of trading experience in the maritime sector and a solid understanding of industry regulations and market trends.
Job Title: Alternative Marine Fuels Trader / Manager
Location: Dubai / Singapore (Other locations can be considered)
Job Overview: We are seeking a dynamic and experienced Alternative Marine Fuels Trader / Manager to join our client's team. The successful candidate will play a pivotal role in expanding the company’s alternative fuels business, focusing on sustainable and cleaner fuel solutions for the maritime industry. This individual will be responsible for managing trading activities, cultivating strong relationships with clients and suppliers, and contributing to the strategic development of our global alternative fuels portfolio.
As a key player in the planned growth strategy, the role requires a thorough understanding of the global bunker fuel market, alternative energy sources, and an ability to drive innovative solutions in line with decarbonization goals. The candidate must have a commercial mindset, extensive experience in trading, and a proactive approach to building a robust business in alternative fuels, including LNG, biofuels, hydrogen, and other sustainable fuel options.
Key Responsibilities:
• Lead Alternative Fuels Trading: Manage and grow the company’s portfolio in alternative fuels for the marine industry, focusing on LNG, biofuels, hydrogen, and other sustainable energy sources.
• Market Development: Identify new market opportunities, develop trading strategies, and execute sales of alternative fuels to key customers globally.
• Client Management: Build and maintain long-term relationships with ship owners, charterers, suppliers, and other key stakeholders to ensure profitable and sustainable growth.
• Risk Management: Monitor market risks, and price trends, and implement effective risk mitigation strategies.
• Regulatory Compliance: Stay abreast of evolving regulations and environmental standards in shipping (e.g., IMO 2020, carbon reduction targets) to ensure compliance and competitive advantage.
• Contract Negotiation: Negotiate contracts and close deals that align with both customer needs and company objectives, ensuring profitability and long-term sustainability.
• Supply Chain Optimization: Collaborate with logistics, suppliers, and internal teams to ensure timely and efficient delivery of alternative fuels to clients.
• Strategic Input: Contribute to the company’s alternative fuels strategy and support business expansion by identifying new regions, market segments, or fuel types.
• Reporting & Analysis: Provide regular market analysis and reporting to senior management on trading performance, market trends, and new opportunities.
Qualifications & Experience:
• Educational Background: Bachelor’s degree in Business, Economics, Energy Management, or related fields. MBA or other advanced degrees are a plus.
• Experience: Minimum of 3 years of experience in bunker trading, with a focus on alternative fuels or renewable energy in the maritime sector. Proven track record in trading LNG, biofuels, hydrogen, or other alternative fuels is essential.
• Industry Knowledge: Strong understanding of the global shipping and bunker fuel industry, including regulations (IMO 2020, decarbonization targets) and sustainability trends.
• Negotiation Skills: Exceptional negotiation and deal-making skills with a proven ability to close complex, high-value deals.
• Client Relationships: Extensive network within the marine and bunker industry, including relationships with ship owners, charterers, and fuel suppliers.
• Technical Skills: Proficient in trading platforms and systems, risk management tools, and data analysis.
• Regulatory Knowledge: Familiarity with environmental and maritime regulations and a passion for sustainable energy solutions.
Faststream Recruitment Group
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