Sing Fuels is a global energy trading company headquartered in Singapore, providing essential services such as bunker trading, energy trading, and logistics to ship owners, charterers, and other key players in the shipping industry. With services ranging from Marine Fuels, Lubricants, Risk Management, Cargo Trading, and Base Oils, the company has built a solid reputation across the globe. Sing Fuels operates from multiple international offices, and its growing global presence is driven by its focus on building strong relationships, operational excellence, and innovation.
Job Description: Junior Supply Trader
Location: Dubai, United Arab Emirates
Employment Type: Full-time
Sing Fuels is looking for a proactive Junior Supply Trader based in Dubai’s Jumeirah Lake Towers to join their supply team. This position is an excellent opportunity for individuals who are eager to gain experience in the marine fuel industry, focusing on procurement and supply chain management.
Key Responsibilities
- Procurement of Marine Fuel:
- Assist in procuring marine fuels from suppliers across the Middle East, Indian Subcontinent, and Africa.
- Negotiate purchase prices and terms to ensure competitive pricing and favorable terms.
- Monitor market trends and supply chain developments to make informed purchasing decisions.
- Perform operational follow-ups to ensure timely and accurate delivery of fuel as agreed upon in contracts.
- Supplier Relationship Management:
- Build and maintain strong relationships with suppliers to ensure long-term support throughout the purchasing chain.
- Evaluate and select suppliers based on key factors like quality, reliability, and cost-effectiveness.
- Manage contracts and agreements with suppliers, ensuring compliance with company policies and industry standards.
- Market Analysis:
- Conduct detailed market research to identify emerging trends, fluctuations in prices, and potential disruptions in the supply chain.
- Provide actionable market intelligence and analysis to support the company’s trading strategies.
- Monitor competitor activities in the region and share insights with the team.
- Reporting and Documentation:
- Prepare regular reports on purchasing activities, market conditions, and supplier performance.
- Maintain precise records of transactions, contracts, and communications with suppliers for seamless operations and compliance.
- Compliance and Risk Management:
- Ensure that all procurement activities align with relevant regulations and company policies.
- Identify and manage risks related to fuel procurement, including supply chain risks and market volatility.
- Assist in the development and implementation of risk management strategies to safeguard the company’s interests.
Qualifications and Skills
- Education: Bachelor’s degree (preferably in a relevant field).
- Experience: At least 1 year of experience in trading or supply chain management, preferably in the bunker or shipping industry.
- Analytical Skills: Strong ability to analyze market data and trends to make informed decisions.
- Negotiation Skills: Proven ability to negotiate effectively with suppliers, ensuring favorable outcomes for the company.
- Communication: Excellent written and verbal communication skills, with fluency in English. Knowledge of another European language is a plus.
- Technical Proficiency: Proficient in Microsoft Office Suite, especially Excel, Word, and PowerPoint.
- Industry Knowledge: Familiarity with bunker trading practices is an advantage.
Personal Attributes
- Integrity and Professionalism: High ethical standards and a strong sense of professionalism.
- Attention to Detail: Exceptional focus on accuracy in managing contracts, data, and transactions.
- Proactive Attitude: A self-motivated individual eager to learn and contribute to the company’s success.
- Team Player: Ability to work independently while also being a valuable member of the team.
- Problem-solving Skills: Ability to think critically and develop solutions for complex supply chain issues.
What We Offer
- Competitive Salary: A competitive salary and benefits package.
- Career Growth: Opportunities for professional development and career advancement within a global company.
- International Work Environment: Be part of a dynamic and multicultural team that operates on a global scale.
- Experienced Team: Work alongside professionals with extensive experience in the bunker trading industry.
About Sing Fuels
Founded in Singapore, Sing Fuels is a global leader in energy solutions. As Singapore’s largest homegrown bunker trader, Sing Fuels has earned a reputation for delivering efficiency, trust, and transparency in providing marine fuel, lubricants, base oils, petrochemicals, and carbon credits. With a strong global presence, the company operates in over 350 ports worldwide, expanding its operations across five continents over the last decade.
Sing Fuels’ commitment to operational excellence, combined with its specialized local knowledge, makes it a trusted partner for both large and small players in the marine fuel industry. The company’s emphasis on building strong relationships with customers and suppliers has earned it numerous awards, including the Enterprise 50 Award for six consecutive years (2018-2023). The company was also recognized as one of the fastest-growing businesses in Singapore by Statista (2020-2023). Sing Fuels’ CEO received the Executive of The Year (Oil and Gas) award at the SBR Management Excellence Awards 2021.
With a focus on sustainability, diversity, and professional development, Sing Fuels is positioned for continued success in the global energy trading market.
Interested applicants are encouraged to apply for this exciting opportunity to grow with Sing Fuels and be part of a leading global trading company.
Click Here to Contact and Apply online via Sing Fuels