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.