World News
BUNKER JOBS: Peninsula Seeks Derivatives Contract Management Trader in Las Palmas
Monday October 17, 2022
Global marine fuel supplier and trading firm Peninsula is seeking to hire a derivatives contract management trader in the Canary Islands.
The company is looking for candidates with a high level of commercial acumen and computer literacy as well as fluent business English, it said in a job advertisement on LinkedIn last week.
The advertisement lists the following responsibilities for the role:
- Perform technical market analysis for the Book Management team to support the business strategy
- Liaise with Cargo traders to develop integrated strategies
- Setup and monitor the daily trading strategy for all bunker contract as well as spot enquiries
- Manage basis and premium risks in coordination with the supply teams
- Set up and monitor quoting procedures (validity, volume tolerances, overnight, cancellations, etc)
- Promote and quote term contracts to customers
- Have a strong understanding of the structured products Peninsula offers and how to market them
For more information, click here.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 602.50 | 13.50 | 676.00 | 10.00 |
| Rotterdam | 540.50 | 6.50 | 665.50 | 18.00 |
| Houston | 552.50 | 21.50 | 685.50 | 25.00 |
| Fujairah | 592.50 | 17.50 | 783.00 | 10.00 |
| Global 20 Ports Average | 615.00 | 12.00 | 757.00 | 15.00 |
| Global 4 Ports Average | 572.00 | 14.50 | 702.50 | 16.00 |
| Global Average Bunker Price | 653.00 | 9.50 | 824.50 | 9.50 |
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