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Bunker Trader / Fuel Procurement Lead
Job Title: Bunker Trader / Fuel Procurement Lead
Department: Commercial
Reports To: CEO
Location: Limassol, Cyprus
Job Type: Full Time
Who are we looking for?
We are looking for an experienced Bunker Trader / Fuel Procurement Lead to manage and optimize fuel procurement across Sallaum Lines’ global operations.
The role is focused on reducing fuel costs, improving procurement efficiency, and building a robust supplier network, while implementing best-in-class bunkering practices.
This is a hands-on, performance-driven role with direct impact on operating costs.
What will you do:
1. Fuel Procurement Execution
- Plan and execute bunker purchases across global ports
- Source and compare quotes from multiple suppliers for each operation
- Ensure timely and efficient fuel supply aligned with vessel schedules
- Optimize procurement decisions based on price, location, and operational constraints
2. Cost Optimization
- Identify and capture cost-saving opportunities through:
- Port selection strategies
- Supplier comparison and negotiation
- Timing of purchases (fix vs float)
- Continuously benchmark procurement performance ($/MT)
3. Supplier Network Management
- Build and maintain relationships with:
- Physical suppliers
- Traders and brokers
- Negotiate pricing structures (Platts +/-), terms, and delivery conditions
- Expand supplier coverage across key bunkering hubs (Europe, Mediterranean, Middle East, Africa)
4. Market Intelligence & Analysis
- Monitor daily bunker market movements (VLSFO, HSFO, MGO)
- Track regional spreads (ARA, Mediterranean, Fujairah, etc.)
- Provide insights and recommendations on:
- Optimal bunkering ports
- Pricing trends
- Market timing
5. Operational Coordination
- Work closely with operations and fleet teams to align procurement with vessel schedules
- Ensure smooth delivery and resolve operational issues when needed
- Maintain accurate records of all bunker transactions
6. Risk & Compliance
- Evaluate supplier reliability and counterparty risk
- Ensure adherence to internal procurement policies and controls
- Monitor exposure related to pricing and delivery risks
What do we expect of you?
- 5–10+ years in bunkering, marine fuel trading, or fuel procurement and in negotiating bunker contracts
- Strong supplier network across major bunkering ports
- Deep understanding of:
- Platts pricing mechanisms
- Bunker fuel products and specifications
- Port dynamics (ARA, Gibraltar, Fujairah, etc.)
- Ability to manage multiple quotes and execute quickly
- Strong analytical and commercial mindset
- Detail-oriented and execution-focused
- Strong negotiation skills and fast decision-maker in a dynamic market
- High level of ownership and accountability
Success Metrics (First 6–12 Months)
- Achieve measurable reduction in fuel procurement cost ($/MT)
- Implement structured multi-supplier quoting process
- Build a reliable and competitive supplier network
- Improve procurement timing and port optimization decisions
- Ensure consistent and efficient fuel supply operations
What do we have to offer?
We offer a highly competitive remuneration package along with an attractive range of benefits, and the opportunity to become part of a leading Ro-Ro company with a strong presence in the industry. You are guaranteed an exciting position in a dynamic, growing, and fast-paced environment.
Our desire is to see each employee achieve his/her highest potential. We will do our best to provide the opportunity and offer training, education, and guidance whenever possible.
We commit to providing a supportive, collaborative, and healthy working environment based on fairness and honesty with our employees.
We provide a fair, equitable, and competitive package in relation to responsibility and performance.
We thank all applicants for their interest; however, only candidates whose qualifications closely match the requirements of the role will be contacted.