
Demurrage & Claims Executive (Town)
1 week ago
Exp in Demurrage & Claims
- Exp from Shipping industry
**Job Description**:
- The primary function of this position is to support the operations and chartering team on demurrage & claims related matters pertaining to the trades.
- The individual is required to scrutinize, negotiate, rebilling to 3rd parties when required and follow up for collections.
- Negotiate with Charterers and ensure quick settlement of Demurrage and other voyage income (interim freight) related to vessels operated in product tanker pool
- Handle and manage demurrage & claims as per charter party agreements and commercial contracts.
- Support the operations and chartering team on demurrage & claims related matters.
- Preparation and submission of demurrage & claims within allowed time frame as per contract.
- Follow up with counterparties till settlement accomplished.
- Keeping track of demurrage & claims aging and status.
- Process demurrage claims in line with set procedures and policies, ensuring that claims are recorded and documented correctly, and resolved with a prompt and effective outcome with all counterparties.
- Calculate and monitor demurrage, claims and other charges as per contract and GT&C to avoid or minimize demurrage and/or settle payment with counterparty.
- Maintain close communication with Brokers, Shippers, Buyers and Owners for Operations and Prompt Settlement of Claims.
- Ensure that all claims information is entered into systems in timely fashion and ensure that adequate records are kept to meet company’s legal and fiscal obligations.
- Maintain close communication with Charterers, Brokers, Chartering staff and vessel Operators.
- Keep record of outstanding balance and time bar of Demurrage and other voyage Income (interim freight) and report to Head of Operations monthly
- Monitor Charterers’ performance and feedback to Head of Operations
- Report to Head of Operations if there is any dispute with Charterers.
- Consult legal advisor if necessary.
- Maintain close relationships with Charterers, Pool Manager, other vessel Operators, Brokers, Port agents and Ship Owners
**Requirements**:
- Bachelor’s degree
- Min 3 years of relevant working experience in Demurrage settlement and tanker operations
- Excellent communication in order to communicate effectively
- Good understanding & knowledge of charter party terms and Product tanker operations
Job Code: Ky
PERSOLKELLY Singapore Pte Ltd | EA Licence No: 01C4394
Chan Sau Wah Kenny | EA Reg No: R1106707
SGUnited
581293
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