(Global Oil Gas) Senior Commercial Shipping Development Specialist

This role required candidate to permanently relocate at Dhahran, Saudi Arabia.About the CompanyThis company engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following segments: Upstream, Downstream, and Corporate. The Upstream segment includes crude oil, natural gas and natural gas liquids exploration, field development, and production. The Downstream segment focuses on refining, logistics, power generation, and the marketing of crude oil, petroleum and petrochemical products, and related services to international and domestic customers. The Corporate segment offers supporting services including human resources, finance, and information technology. The company was founded on May 29, 1933 and is headquartered in Dhahran, Saudi Arabia.Job SummaryThis Company's New Energies (NE) organization was established to help achieve the company's low carbon ambitions; meet its decarbonization targets; and develop its production, shipping and marketing of low carbon hydrogen and ammonia. NE has so far consolidated into Renewables, Hydrogen, and Carbon Capture & Storage verticals, with the broad vision to nurture robust and sustainable global businesses by capitalizing on emerging opportunities in strategic growth markets. The Shipping Development Specialist is an integral part of the Shipping Team within NE's Hydrogen Department.The Shipping Development Specialist is responsible for: developing shipping and chartering strategies; ammonia fleet development activities; program economics; as well as analyzing, planning and implementing This Company's shipping plans through direct engagement with ship operators to establish long- term time charters. This important role will also interact with internal stakeholders to ensure maximum value capture for the This Company group.Responsibilities:

• Monitor marine market trends, analyzing and defining short and long-term marine transportation options to develop optimal product delivery strategies.
• Identify optimal vessels, negotiate rates, and short and long-term charter party terms.
• Define all commercial and contractual details for negotiated charter party terms.
• Develop and provide market research on vessel availability and freight economics, terminal projects, and shipping competitors.
• Coordinate closely with schedulers to nominate tonnage in a manner that will optimize system freight costs, minimize demurrage, and ensure timely delivery of cargoes.
• Communicate and liaise with shipowners and utility companies, and network and maintain relationships with market players to keep abreast of market developments and opportunities.
• Coordinate with internal stakeholders to build a fundamental shipping model in order to enable strategy decisions.
• Coordinate, analyze, and prepare transportation plan documents, ensuring quality and completion.
• Coordinate and analyze shipping operations expenses calculation and review, covering fuel-bunker and ship maintenance.
• Coordinate, monitor, and analyze fuel bunker consumption, ship maintenance, dry-docking, and activity to ensure all processes are completed effectively.
• Coordinate and analyze the consolidation of information and reports on issues during loading, sailing, and discharging to ensure availability of timely reports.
• Coordinate and participate in compatibility studies between ship and shore for buyers' terminal to ensure all requirements and conditions are incorporated for effective and efficient shipping operations.

• This role required candidate to permanently relocate at Dhahran, Saudi Arabia.
• Bachelor's degree in Engineering, Business, Economics, or related discipline; an MBA or a relevant advanced degree is strongly preferred.
• At least 15 years of professional experience in Commercial Shipping roles, with a proven track record of negotiation of long-term charter party agreements.
• Proven ability to analyze market data, develop models, use derivatives, and identify commercial opportunities.
• Proven effective negotiating skills and commercial judgment.
• Ability to work independently and collaboratively with multinational teams.