Prospect of an chartering executive - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Prospect of an chartering executive

Reply
 
Thread Tools
  #1 (permalink)  
Old 18-03-2013, 08:49 PM
Verified Member
 
Join Date: Nov 2011
Posts: 10
walsly is on a distinguished road
Default Prospect of an chartering executive

anybody knows how is it like being a chartering and ops exec in shipping?

how's the prospect like? How much should i be expecting as a fresh graduate (non related maritime degree, economics/finance)? is it possible jump around the industries say from agri commodities to dry bulk..etc.

Thanks in adv!!

Reply With Quote
  #2 (permalink)  
Old 19-03-2013, 09:20 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by walsly View Post
anybody knows how is it like being a chartering and ops exec in shipping?

how's the prospect like? How much should i be expecting as a fresh graduate (non related maritime degree, economics/finance)? is it possible jump around the industries say from agri commodities to dry bulk..etc.

Thanks in adv!!
chartering is an exciting business, and u must be on call 24/7 if you handle the ops part too. the principles of chartering are more of less the same so i would say u will get a chance to jump around from tankers to bulk to liners and maybe even OSV. how much is the starting salary?

oh, and be prepared to entertain in KTVs.



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #3 (permalink)  
Old 19-03-2013, 09:31 AM
Unregistered
Guest
 
Posts: n/a
Default

you guys are confusing chartering exec with ship brokers...

Reply With Quote
  #4 (permalink)  
Old 19-03-2013, 09:38 AM
Verified Member
 
Join Date: Nov 2011
Posts: 10
walsly is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
chartering is an exciting business, and u must be on call 24/7 if you handle the ops part too. the principles of chartering are more of less the same so i would say u will get a chance to jump around from tankers to bulk to liners and maybe even OSV. how much is the starting salary?

oh, and be prepared to entertain in KTVs.
shldnt it be the other way round like ship brokers entertaining the charterers?


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #5 (permalink)  
Old 19-03-2013, 01:24 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by walsly View Post
shldnt it be the other way round like ship brokers entertaining the charterers?
oops, sorry read too fast. yeah, the chartering team is the one chartering from owners or brokers.

depending on your cargo and frequency you may be doing long term time charters or shorter spot or voyage charters. bareboat charters are possible but more unlikely unless u have a big operation going on. in which case u will most prob have a ship manager to manage your operations.

the chartering exec's job is to find the best charter rates through comparing time charter equivalents. charter rates correspond very closely to world commodity prices, eg iron ore, coal, crude, etc. i know charterers have teams of analysts with very advanced voyage planning software to hedge positions and charters based on location, opex, etc.

shipping was a glamorous job until banking took over. still a good industry to be in.
Reply With Quote
  #6 (permalink)  
Old 19-03-2013, 01:59 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post

shipping was a glamorous job until banking took over. still a good industry to be in.
damn... wish someone told me earlier. i think shipping is now the hidden gem. banking is overcrowded.
Reply With Quote

  #7 (permalink)  
Old 19-03-2013, 02:49 PM
Verified Member
 
Join Date: Nov 2011
Posts: 10
walsly is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
oops, sorry read too fast. yeah, the chartering team is the one chartering from owners or brokers.

depending on your cargo and frequency you may be doing long term time charters or shorter spot or voyage charters. bareboat charters are possible but more unlikely unless u have a big operation going on. in which case u will most prob have a ship manager to manage your operations.

the chartering exec's job is to find the best charter rates through comparing time charter equivalents. charter rates correspond very closely to world commodity prices, eg iron ore, coal, crude, etc. i know charterers have teams of analysts with very advanced voyage planning software to hedge positions and charters based on location, opex, etc.

shipping was a glamorous job until banking took over. still a good industry to be in.
how would u advise if a fresh grad wishes to break into this line? how should i go about doing it? I'm due for graduation soon (exams finishing in may)but unlike most of my peers who r all rushing into the banking & finance industry, i'm actually looking elsewhere , in particular the maritime industry ( despite holding a economics toilet paper)..
I applied shipbroking traineeship with several big brokering hse but i doubt i could get in cos of the stiff competition.. I'm now looking at alternatives such as chartering exec..
Seems like very little firms r willing to hire fresh grad to be place right into their chartering team..or should i take up ops role first to be at a better bargaining position ?

TIA!


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app

Last edited by walsly; 19-03-2013 at 02:52 PM.
Reply With Quote
  #8 (permalink)  
Old 19-03-2013, 02:57 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by walsly View Post
how would u advise if a fresh grad wishes to break into this line? how should i go about doing it? I'm due for graduation soon (exams finishing in may)but unlike most of my peers who r all rushing into the banking & finance industry, i'm actually looking elsewhere , in particular the maritime industry ( despite holding a economics toilet paper)..
I applied shipbroking traineeship with several big brokering hse but i doubt i could get in cos of the stiff competition.. I'm now looking at alternatives such as chartering exec..
Seems like very little firms r willing to hire fresh grad to be place right into their chartering team..or should i take up ops role first to be at a better bargaining position ?

TIA!
banking finance paying so well? The market can absorb such a big pool of fresh graduates I wondering.
Reply With Quote
  #9 (permalink)  
Old 20-03-2013, 09:27 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
damn... wish someone told me earlier. i think shipping is now the hidden gem. banking is overcrowded.
i've been to some shipping companies, builders and ship managers with very impressive offices in town which can rival any bank. it's still glamorous and certain segments are still doing well. there are many many FTs to compete with though.
Reply With Quote
  #10 (permalink)  
Old 20-03-2013, 09:33 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by walsly View Post
how would u advise if a fresh grad wishes to break into this line? how should i go about doing it? I'm due for graduation soon (exams finishing in may)but unlike most of my peers who r all rushing into the banking & finance industry, i'm actually looking elsewhere , in particular the maritime industry ( despite holding a economics toilet paper)..
I applied shipbroking traineeship with several big brokering hse but i doubt i could get in cos of the stiff competition.. I'm now looking at alternatives such as chartering exec..
Seems like very little firms r willing to hire fresh grad to be place right into their chartering team..or should i take up ops role first to be at a better bargaining position ?

TIA!
i came into the industry as a mid career switch but i had other experiences and skill set that my co found important. u can pick up the chartering part as u go along.

as for big brokering firms, the competition is stiff as some firms only keep a small 2-3 man set up... usually the FT will occupy the sales VP/SVP/Director positions and many of them can work remotely with their support team in, say Norway or HK.

i don't think they pay well for ops role but it's a start. cheers.
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Job Prospect of a power engineer rubberbus Income and Jobs 0 17-02-2013 09:27 PM
Position of administrative executive & recruitment executive Marketingppp Income and Jobs 1 21-12-2012 04:44 PM
Anyone in marine industry? Shipbuilding, ship repair, chartering mi8nami Income and Jobs 4 03-10-2012 11:33 PM
Job Prospect as an Administrator JeffLKS Income and Jobs 7 13-10-2011 12:02 PM
IT prospect.. SAP or not SAP akagi07 Income and Jobs 8 30-03-2010 04:11 PM

» 30 Recent Threads
ITE Polytechnic Scheme ( 1 2 3... Last Page)
311 Replies, 369,474 Views
Career as Teacher ( 1 2 3... Last Page)
10,853 Replies, 6,672,124 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,322 Replies, 4,985,209 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,458 Replies, 784,883 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,330 Replies, 1,142,597 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,806 Replies, 1,045,541 Views
Why Is Having a Google Virtual...
1 Replies, 6,786 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,240 Replies, 3,400,010 Views
JP Morgan ( 1 2 3... Last Page)
199 Replies, 173,514 Views
GovTech ( 1 2 3... Last Page)
5,163 Replies, 2,164,970 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,050 Replies, 440,837 Views
Mining Industry ( 1 2 3... Last Page)
80 Replies, 74,534 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,340 Replies, 4,772,987 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
171 Replies, 309,634 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
680 Replies, 388,927 Views
Compare civil service salary ( 1 2 3... Last Page)
16,343 Replies, 12,458,489 Views
Lawyer Salary ( 1 2 3... Last Page)
21,015 Replies, 10,331,658 Views
ST Electronics ( 1 2 3... Last Page)
3,768 Replies, 1,545,533 Views
Is getting a PMP worth it ?
4 Replies, 7,176 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,735 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,903,644 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,437 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,657,737 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 814,063 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,838 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,325,167 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,877 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,824 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,947 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,739,188 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 04:58 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2