Demurrage Team Lead

4 days ago

Singapore Ampol Full time

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Demurrage Team Lead
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Ampol
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Demurrage Team Lead
role at
Ampol
The Demurrage Team Lead is responsible for overseeing and managing all aspects of the demurrage function within Ampol. This includes the analysis, negotiation, and settlement of demurrage claims, ensuring that Ampol's commercial interests are protected and optimized.
The team plays a critical role in enhancing the profitability of Ampol's Trading & Shipping operations by providing detailed ship and voyage analysis that empowers Traders and Charterers to make informed decisions. It’s pivotal in mitigating financial risks, reducing unnecessary costs, and continuously improving processes to drive more favorable economic outcomes.
The Team Lead of demurrage manages a team of demurrage analysts of varying experience who are executing the “business as usual” (BAU) aspects of day-to-day demurrage as well as ancillary claims. They are a subject matter expert and can handle demurrage claims across multiple hydrocarbon commodities. Having a team of varying experience, the team lead will know how to distribute workloads evenly, handle claims. This position also involves mentoring and developing team members, fostering a culture of collaboration, and maintaining strong relationships with internal and external stakeholders to support Ampol's strategic goals.
Key responsibilities
Tracking of ship voyages to determine demurrage exposure and areas for recovery
Process and analyse each shipment’s summary of movements to identify opportunities to recover demurrage.
Work closely with the Cargo and Vessel Operators in order to gather the information required to reconcile demurrage, prepare and defend demurrage claims.
Keep track of payables and receivables and provide monthly updates to the Operations and Commercial teams regarding outstanding claims.
Managing demurrage payables with Ship Owners and Third Parties directly or via Ship Brokers
Review and develop demurrage assessment.
Negotiate the claim to generate a positive outcome for Ampol/Caltex.
Managing demurrage receivables with third parties and obtaining

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