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!! |
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oh, and be prepared to entertain in KTVs. |
you guys are confusing chartering exec with ship brokers...
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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. |
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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! |
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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. |
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