bp is seeking a dynamic and experienced Bunker Buyer to join its team in Singapore. This role is integral to optimizing bunker procurement strategies, supporting operational excellence, and driving bp’s commitment to secure, affordable, and lower-carbon energy.
Entity: Trading & Shipping
Job Family Group: Shipping Group
Bunker Buyer – Role Overview:
Key Accountabilities:
- Strategic Procurement:
- Develop innovative bunker procurement strategies aligned with bp’s trading goals.
- Execute competitive spot or prompt fuel purchases and recommend term supply solutions.
- Optimize bunker intake for forward voyage planning in collaboration with vessel operators and Masters.
- Market Analysis & Risk Management:
- Analyze forward demand data and provide insights to support optimal fuel purchasing.
- Monitor bunker market trends and prices, sharing actionable insights with internal stakeholders.
- Develop strategies to navigate market volatility and explore options for mitigating bunker exposure risks.
- Relationship Management:
- Build and maintain effective relationships with suppliers, vessel operators, and other internal and external stakeholders.
- Represent bp at industry bodies and forums to foster partnerships and industry engagement.
- Sustainability Focus:
- Collaborate with partners to identify opportunities for lower-carbon fuels, aligning with bp’s emissions reduction agenda.
- Actively engage in projects to improve processes, digital adoption, and sustainability in bunkering.
- Compliance & Quality Management:
- Ensure adherence to bp’s Group Control and Compliance requirements.
- Address and negotiate settlements for bunker quality and quantity claims.
- Provide guidance on bunker-related charterparty clauses to protect bp’s position.
Essential Requirements:
- Strong teamwork and cross-functional collaboration skills.
- Analytical mindset with robust numerical and market intelligence capabilities.
- Proven negotiation skills and experience in the shipping industry.
- Ability to manage pressure and navigate complex challenges effectively.
Preferred Skills:
- Expertise in bunker buying, ancillary cost management, chartering, and marine operations.
- Familiarity with trading and shipping data, demurrage, and operational excellence.
- Strong communication, mentoring, and problem-solving abilities.
Why Join bp?
bp offers a supportive environment where individuals can learn and grow while contributing to the energy transition. Benefits include:
- Flexible working options.
- Paid parental leave policies.
- Inclusive practices fostering respect and fairness.
Other Details:
- Travel Requirement: Negligible.
- Relocation Assistance: Not provided.
- Work Arrangement: Hybrid of office and remote working.
About bp
bp is committed to building a balanced energy system that addresses global needs for secure, affordable, and lower-carbon energy. While deeply rooted in oil and gas, bp has significantly increased investment in lower-carbon and transition businesses, reflecting its dedication to transformation and sustainability.
If you are passionate about driving innovation in bunker procurement and contributing to bp’s vision of a sustainable energy future, this role offers an exciting opportunity.
Interested candidates can apply directly via bp’s career portal.
Click Here to Contact and Apply via bp website