Assistant Manager, Chartering (Capesize)

Assistant Manager, Chartering - Capesize

This role is responsible for supporting the execution of all Capesize chartering activities on a global trade route. The successful candidate will also be crucial in securing and establishing new projects, with a particular focus on decarbonization.

The position handles a fleet composed of conventional and potential new vessels utilizing new and emerging fuels such as LNG, methanol, and biofuels. This requires a professional with a strong commercial background, operational expertise, and project management skills who is flexible and enthusiastic about adapting to new technologies.

Key Responsibilities

• Negotiate and execute time charter-out and voyage charter agreements, including Contracts of Affreightment (COAs) on a long-term, medium-term, and spot basis.
• Manage time charter-in activities (spot/term) with shipowners as required.
• Prepare and implement practical arrangements to ensure vessels meet customer and industry vetting standards.
• Conduct regular market research to analyze freight/time charter rate trends, demand and supply dynamics, and the competitive landscape.
• Prepare detailed, fundamental-based reports for management on the Capesize market outlook and forecast.
• Assess and manage charterers’ creditworthiness to mitigate financial risks.
• Plan and manage vessel voyage schedules to optimize fleet utilization and commercial efficiency.
• Lead key chartering projects to enhance business profitability.
• Execute Freight Forward Agreement (FFA) deals to manage risk and secure profitability in alignment with company strategy.
• Identify and research new business opportunities, particularly those related to decarbonization, and formulate detailed business plans.
• Lead commercial efforts in developing and launching new vessel types focused on decarbonization (e.g., LNG, Ammonia, Methanol, biofuels).
• Support the financial structuring and package development for new business ventures as necessary.

Qualifications

• A Bachelor's degree of any relevant discipline is a plus.
• More than 5 years of experience in the dry bulk/mining shipping industry, with a focus on capsize chartering and mining is a plus.
• Demonstrated experience in launching new projects, especially those related to decarbonization, is a significant advantage.
• Proven experience in negotiating voyage and time charter contracts with owners and charterers.
• Proficiency in accounting and finance principles relevant to chartering and new business development.
• Demonstrated ability to build and maintain strong relationships with dry bulk industry stakeholders, including owners, charterers, and brokers.

Morgan McKinley Pte Ltd

Senjoo Khong

EA Licence No: 11C5502

EA Registration No.: R23116117