The Contract Management team is responsible desk for the long term agreements of physical deliveries across Peninsula’s supply-physical operations and also nonphysical supply operations (b2b long term agreements) at a global scale. The team therefore manage, analyse and synthesize information from different sides of the industry such as Cargo Trading, Customer Performance, Pricing, Derivatives (Oil & Freights), Supply Chain, Trading Strategy, forex, etc, in order to develop commercial proposals, including related strategies, and monitor its performance.
The main function of the role is to trade and manage bunker contracts that span in tenures from 1 month upwards, usually up to about 2 years in length by:
- Keeping a high understanding of Peninsula’s global setup, trading dynamics and developments.
- Monitoring market behaviours, performing analysis of products, ports and other economic factors (Global supply/demand, availability, arbitrage, competitors, developments, news)
- Developing internal strategies, financial analysis, commercial solutions and opportunity & synergy detection.
- Managing the contract portfolio in order to monitor its performance and optimize its profitability