Bunker Oil Trader
Anyone in oil bunkering field as oil trader ?
What is the job scope like ? Salary range...? Thanks.. :) |
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Big 3 oil trader, hedge fund, commodities firm, bunkering firms. What about those in bunkering oil...?? |
Bunker Trader salaries
Working for major bunker traders like - HL, OWB, Chemoil -
Junior Trader (up to 3 years exp) : 4-6k base pmth Senior Trader : 6 - 10k base pmth Average Bonus on good year (2006, 07, 10) : $50-150k Average Bonus on a not so good year (2008, 2009) : $20-$100k Hope that helps. For those in banks, use a factor of 1.5 to 2 times for the above yaj |
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Where can I apply for the position? |
you can apply to any Bunker companies but of course they need at least 2-3 years of experience as a bunker trader
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Hey guys I have been looking for oil bunker job position for a long time . I have a few questions here . Hope I can get a ans here and know wat shld I do next .
I have been sending my resume to afew companies for bunker position . But none of them reply Issit true tat u need connection to be in their industry . My qualifications wasn't high Issit true tat qualifications is a must . I heard tat they don really mind abt qualifications , but seems tat its not easy to get this job . I have been trying very hard in order get this job, any sokution or tell me wat I shld do to in order to get this job . Thanks |
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Do you really think anyone is going to offer you a lucrative 6 to 7 figure salary job by randomly sending CVs around? You dont sound like you even know have the slightest clue what bunker trading is. |
I have saw their job posting on afew recruitment companies .
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Knew my cousin was doing well (but didn't know the numbers could be so good). she's been in the line for 6-7 years now with 2 years spent in HK. She brought her brother inside as well last year. Both are poly grads but went to AU to further studies because can't get a spot in local uni.
She did tell me that the bonus was really high (>1 year) but she didn't tell me about the base pay. Going to encourage my brother to take this route as well since it looks like 1 of the better path out from Poly. Total compensation seems lower than bankers still though. Quote:
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but how to get in...?
need maritiam cert or wad...??? |
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some comes from oil brokerage (not trading firm), or ship chartering some joins from operations some gets in becos his relatives work there the newest kid in town is brightoil from china which is setup 2 yrs ago, many openings as veterans get poached leaving empty seats for young men and women.... not sure how mkt now |
Haha, you must understand high salary and commission come with certain risk. For bunkering depend on which field you are in sometime you are required to board the ship climbing ladder in very bad wind condition. You don't have fixed work timing,when the ship come, sometime even you are watching a movie you need to go immediately. Of Cox some stuff u do to earn extra are not really legal as well.
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any tips to break into this industry?
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Hi all, I have strong supply contacts for bunker as well as manufacturing of lubricants. I am not in any particular company but supply through my contacts. All bunker contacts are accredited agencies. If anyone has a buyer or know of trader looking for supplies, do PM me for more info or to discuss further, thanks!
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My company deals in buying and selling of oils. Pls drop me a PM if u have any suppliers or buyers. Thanks!
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helpful
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Seeking Genuine Advice
Hello.
Are you able to provide any tips on breaking into the oil trading industry? I have neither the contacts nor prior trading experience. Thank you. |
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just keep sending CVs and cross your fingers. that helped for me.
its a sunset industry. we are looking to get out and i dont know why theres still people trying to get in. there are better jobs out there that commands better pay. the norm now is at least a Degree in any major, gift of the gap, LOOK PRESENTABLE and street smart. it may look glamorous, but take into account you have to standby ur work handphone in case of disputes. (even on holidays). be damn good at drinking and sociable. there are nights where u need to drink 3rd 4th rounds in a night. do consider other jobs, its a sunset and sinking industry. |
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so ding and dong, price settled. operations take over to ensure on time delivery of cargo. being said, that is the norm. there will be ****-hit-the-fan moments. you will learn it along the way . ;) |
Learn more about bunker trading
Write to me if you wanna learn more about bunker trading [email protected]
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Learn bunker trading
write to [email protected] for more info about bunkertrading
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