Bunker Manager
bpinternational · Singapore
Job description
About the role
The Bunker Manager owns end-to-end marine fuel procurement for bp's fleet, delivering competitive, reliable and compliant supply. The role covers spot purchases and term agreements, uses market intelligence and demand/exposure analysis to optimise commercial outcomes, and works with vessels, operations, technical teams, charterers, suppliers and traders. It sits in the Supply, Trading & Shipping group.
Key responsibilities
- Implement competitive spot and prompt bunker purchases and manage term supply solutions, evaluating pricing structures, index linkages, premiums and commercial options.
- Analyse bunker indices, forward curves, premiums and supply dynamics, and explain cost drivers and basis risk to internal collaborators.
- Assess term contract performance against spot benchmarks and work with charterers, vessel operators and masters to optimise bunker intake and forward voyage planning.
- Reconcile purchase orders, delivery documents and invoices, resolve discrepancies and submit verified invoices for payment.
- Develop procurement strategies, including structured products, and provide forward demand data and exposure analysis.
- Monitor KPIs, evaluate supplier performance and give structured feedback on suppliers and market conditions.
- Manage quality and quantity claims end-to-end, negotiate settlements and advise charterers on bunker clauses in charterparties.
- Contribute to process improvement, digitalisation and sustainability initiatives, and represent bp in industry bodies when required.
Required profile
- 5 years of proven experience in marine fuel (bunker) procurement, including spot and prompt purchases across multiple ports or regions.
- Proven experience structuring, negotiating and managing term bunker contracts, including index-linked pricing and premiums.
- Demonstrated experience with bunker price indices such as Platts MOPS and Bunker Wire, and with vessel operators, masters and fleet teams.
- Track record managing supplier performance, KPIs and bunker quality/quantity disputes.
- Hybrid office/remote working; up to 10% travel expected; no relocation assistance.
Required skills
- Strong knowledge of global bunker markets, fuel pricing mechanisms and ISO 8217 specifications.
- Desirable: experience with structured products, LNG bunker agreements, charterparty bunker clauses, digital procurement tools and data analytics platforms.
What we offer
- A culture that values diverse teams, achievement and environmental stewardship.
- Social communities and networks, learning and development opportunities.
- Life and health insurance and a medical care package.
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Published 12 minutes ago
Expires 1 month from now
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bpinternational
Singapore
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