BUNKER JOBS: Peninsula Seeks Supply Trader in Dubai

The role is based in the firm's Dubai office. Image Credit: Peninsula

Global marine fuel supplier and trading firm Peninsula is seeking to hire a supply trader in Dubai.

The company is looking for candidates with knowledge of the bunker industry, shipping market and fuel specifications, as well as business proficiency in English, it said in a job advertisement on LinkedIn last week.

The advertisement lists the following responsibilities for the role:

• Establish and build relationships with new and existing suppliers to increase strike
  rate and margin on business within the region
• Actively and diligently work inbound enquiries from other regional offices within the
  Peninsula Petroleum Group
• Openly communicate with other traders internally to maximise the efficient flow of
  market and customer intelligence throughout the company
• Understand, analyse and interpret market conditions, identify counterparty needs, provide product and price information, negotiate deals and handle general customer queries relating to the sales process
• Follow market fundamentals as well as local cargo index movements/variances to
  identify opportunities to establish competitive advantage
• Work with the Regional Head and Book Management functions to develop and
  implement effective short and long-term trading strategies, ensuring they are
  regularly updated and accurately maintained
• Participate in both internal and external marketing activities when required
• Use MINT and local market intelligence to generate leads to Sales teams
• Proactively control risks ensuring that all suppliers are vetted and approved, cost of claims are minimized, and counterparty financial strength is regularly and carefully
  considered in conjunction with the Supplier Credit Team
• Keep abreast of all relevant shipping and oil sector developments through regular
  reading of relevant trade publications, newspapers etc

For more information, click here.