Demurrage Analyst

Role overview

Petron Singapore Trading Pte Ltd is looking for a Demurrage Analyst to support voyage execution, control demurrage exposure, and strengthen cost recovery across trading and shipping activities in Singapore.

Key duties

• Track logistics execution and voyage activity to monitor demurrage exposure.
• Work out and verify demurrage or despatch amounts in line with charter party terms such as Asbatankvoy.
• Examine delays and operating bottlenecks, including port congestion, terminal inefficiencies, and document-related issues.
• Spot opportunities to reduce demurrage and help implement actions that lower cost impact.
• Coordinate with trading operators, terminals, and agents to settle disputes and move claims forward.
• Review, prepare, negotiate, and close demurrage-related claims with shipowners, traders, and suppliers.
• Check invoice accuracy and confirm alignment with contract terms and time-bar conditions.
• Monitor demurrage payables and receivables to protect revenue and support timely recovery.
• Analyze demurrage trends, cost drivers, and financial exposure in detail.
• Assess operational, contractual, and financial risks linked to vessel delays and logistics inefficiencies.
• Ensure compliance with charter party obligations, contractual commitments, and internal governance standards.
• Study historical cases to identify recurring issues and suggest preventive measures.
• Support internal audits and keep records ready for compliance and regulatory review.
• Work with traders to assess demurrage exposure in deal structures and voyage economics.
• Provide cost insights that support pricing, margin improvement, and deal design.
• Advise on logistics-related contract clauses during trade negotiations.
• Assist commercial teams in recovering costs and resolving counterparty disputes.
• Support procurement contract management using demurrage performance data and analysis.
• Create dashboards and reports covering demurrage costs, claim status, and operational performance.
• Share management insights on savings opportunities and process improvement ideas.
• Help drive initiatives that improve supply chain efficiency and cut avoidable demurrage exposure.

What the role requires

• Bachelor’s degree in Maritime Studies, Supply Chain, Business, Finance, Engineering, or a closely related field.
• 1 to 2 years of experience in oil and gas or commodity trading operations, shipping, or demurrage claims.
• Solid knowledge of tanker operations, charter party terms, and laytime calculations.
• Working understanding of shipping logistics, terminals, and broader supply chain operations.

Additional information

This is a full-time, onsite position based in Singapore. The source did not specify salary, openings, start date, or application deadline.

Who can apply

Candidates with the stated degree and relevant early-career experience in shipping, trading operations, or demurrage claims are suitable for this position.

Skills and capabilities

The role calls for strong analytical ability, demurrage assessment, charter party interpretation, invoice validation, claims handling, stakeholder coordination, reporting, risk assessment, contract review, and supply chain/logistics knowledge.