Role Overview:
- Location: Dubai, UAE
- Focus: Expert management of lay-time calculations, demurrage, off-hire claims, managing final freight and hire settlements.
- Accurately calculate and monitor laytime for vessels in accordance with the terms of the charter party agreements and relevant operational data.
- Liaising with operations, commercial and legal departments on negotiation and settlement of laytime disputes.
- Monitor and calculate demurrage costs for delays and ensure timely solution of any disputes related to demurrage charges.
- Analyzing and reporting any laytime related risk issues identified in third-party contracts, providing recommendations for mitigation.
- Interpret charter party terms relating to actual events with the aim of achieving the most favorable commercial outcome while ensuring a professional approach and maintaining strong commercial relationships.
- Maintain up to date records of all laytime and demurrage calculations, including reports, correspondence, and contracts.
- Final hire settlement with Charterers/Owners as the case may be while accounting for off-hires, deductions, receivables.
- Ensure the Finance department is provided with all required information to process payables and receivables on time.
- Stable Environment: Join a well-established company in the dry bulk shipping sector with a strong reputation both regionally and globally.
- Collaborative Team: Work in a friendly, down-to-earth office environment with a hardworking and supportive team.
- Impactful Role: Play a crucial part in improving operational efficiency by driving best practices.
- Expertise in Laytime & Demurrage: Significant experience managing laytime, demurrage, and claims in a shipping environment is essential.
- Leadership & Problem-Solving: Ability to guide the team, handle complex cases, and provide actionable insights to improve processes.
- Compliance Knowledge: Strong understanding of compliance with industry standards and legal regulations.
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