Demurrage Analyst
West End, London
£60,000 - £70,000 p.a. + Annual Bonus
About the Company:
Our client is a major American oil trading and shipping company with a global presence. They are known for operational excellence, strong risk management, and a dynamic trading environment.
Role Overview:
The Demurrage Analyst will manage and optimize vessel demurrage claims, ensuring accurate analysis, negotiation, and resolution. This role sits at the intersection of shipping operations, commercial trading, and finance, providing critical support to commercial teams.
Key Responsibilities:
* Review, analyze, and validate demurrage claims from vessels and counterparties.
* Monitor vessel schedules, port operations, and laytime calculations to identify potential delays.
* Negotiate settlements with charterers, brokers, and port operators.
* Collaborate closely with trading, operations, and finance teams to optimize costs.
* Maintain accurate records, reporting, and dashboards for management oversight.
* Identify process improvements and support standardization of demurrage procedures.
Requirements:
* 2–5 years’ experience in shipping operations, chartering, or demurrage analysis.
* Strong understanding of demurrage calculations, laytime, and charter party terms.
* Analytical mindset with attention to detail.
* Excellent negotiation and communication skills.
* Ability to work in a fast-paced, high-pressure trading environment.
* Proficiency with Excel; experience with shipping management systems is a plus.
Why Join:
* Work with a global, leading oil trading and shipping firm.
* Exposure to commercial trading and operational decision-making.
* Collaborative environment with clear career progression.