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Head of Bunker Purchase

Head of Bunker Purchase

14-09-2018 10:00:00


Are you ready to take on the role as Head of Bunker Purchase and navigate TORM safely through the transition of the IMO 2020 implementation?
If yes, this position offers a unique opportunity for a career development in a company which is active within operating all larger product tanker classes – a fleet of approximately 80 vessels.

The Company
TORM is one of the world’s leading carriers of refined oil products. Founded in 1889, TORM has sailed the seas for 129 years. With activities worldwide and offices located in Copenhagen, Houston, London, Manila, Cebu, Mumbai, Delhi and Singapore, TORM is a global enterprise.

TORM employs approximately 3,200 seafarers and 300 shore-based employees and is listed on Nasdaq Copenhagen and on the New York Stock Exchange.

The job
Reporting to the Head of Chartering East, VP in the Tanker Division, the successful candidate will be responsible for negotiating and purchasing bunker fuel for vessels employed by TORM worldwide. This is done in cooperation with an efficient team of three employees, which you will lead.

You will be working in a fast-paced environment, often handling several deals and tasks at once, and you will be expected to profitably use your market knowledge, both in terms of supporting the team and completing operational tasks yourself.

An important part of the job is to make sure that all the parameters have been considered in the negotiation process and to analyze market data both for optimization and benchmarking purposes.

With a fleet of approximately 80 vessels and 9 more vessels on order, TORM is adapting a multifaceted strategy for compliance with the 2020 Sulphur regulatory changes including scrubbers on newbuildings, retrofit, usage of ULSFO/VLSO and distillates.

Responsibilities include:
 Leading, motivating and guiding your team to become a Reference Company Bunker Purchase department
 Assist the Senior Management Team in continuous developing and optimizing TORM’s IMO2020 compliance strategy
 Planning and execution of strategy, business plans, budgets and all leadership duties in the Bunker department
 Optimization of TCE results through optimization of the total cost of bunkering
 Development and contract management of any bunker purchase contracts
 Handling possible bunker disputes and claims and pursuing new business opportunities in the bunker market
 Coordination of all matters with the Technical Division and Tanker Operations in connection with bunker purchase and bunker delivery

To succeed in the job
To build a successful career with us, you should be highly engaged in doing a great job and always act with your customers’ needs in mind. The ideal candidate will have:
 Minimum 5-10 years of relevant experience, preferably as a bunker or fuel buyer, broker or trader within the shipping industry with stakeholder management proficiency
 Proven leadership skills and a passion for people
 Solid negotiation skills and an analytical mindset
 Strong communication skills; fluent in English.
Furthermore, you are:
 Motivational and inspirational
 A team player with people orientation
 Focused on high performance standards, quality and processes.

We Offer
A competitive salary which will reflect your experience and qualifications, and an attractive benefits package including bonus and pension.

As an employee in TORM you will be part of a leading, world-class shipping company. Our corporate culture is characterized by well-defined values and an informal, but performance-oriented working environment.

Furthermore, we have an attractive office located in Tuborg Havn with a great lunch scheme provided by Meyers Canteen. As the work environment is very important to us, TORM’s Sports Club and TORM’s Employee Association offer a variety of activities for our employees during the year.

For further information regarding the position, please call Head of Chartering East, VP in the Tanker Division, Lars Mathiasen at +45 39 17 92 03 or Head of Group HR, VP Jakob D. de la Cour at +45 39 17 81 40.

Please submit your application and CV via this LINK or our website www.torm.com no later than 30 September 2018. Applications are evaluated continuously and interviews will take place as soon as possible.

The people of TORM are our real asset and we believe in ensuring the best possible working environment, both at sea and ashore. In TORM, we enjoy working together in a professional, international and informal working atmosphere. We pride ourselves in providing an environment that encourages professional and personal development and gives room for ambition. The people of TORM are different nationalities, age and gender, and TORM supports equal rights for all employees.

TORM is one of the world’s leading carriers of refined oil. The Company runs a fleet of approximately 80 vessels. TORM was founded in 1889. The Company conducts business worldwide and is headquartered in Copenhagen, Denmark. TORM’s shares are listed on Nasdaq Copenhagen and NASDAQ New York. For further information, please visit www.torm.com

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