As a Demurrage Analyst, you will be responsible for analyzing, negotiating, and managing demurrage claims related to our oil trading operations. Your role is crucial in minimizing financial losses and ensuring smooth logistical operations. You will work closely with internal teams and external stakeholders to resolve demurrage issues promptly and effectively.
Key Responsibilities:
- Claim Analysis: Review and analyze demurrage claims submitted by shipowners, charterers, and other counterparties to ensure accuracy and compliance with contractual terms.
- Negotiation: Negotiate demurrage claims with counterparties to achieve favorable settlements and minimize financial exposure.
- Documentation: Maintain accurate and detailed records of demurrage claims, settlements, and related correspondence.
- Dispute Resolution: Address and resolve disputes related to demurrage claims in a timely and professional manner.
- Reporting: Prepare regular reports on demurrage claim status, trends, and financial impact for senior management.
- Collaboration: Work closely with trading, operations, legal, and finance teams to gather necessary information and support the demurrage claim process.
- Contract Review: Assist in the review and interpretation of charter party agreements and other relevant contracts to identify potential demurrage liabilities.
- Process Improvement: Identify and implement process improvements to enhance the efficiency and effectiveness of demurrage claim management.