What is CHARTERING EXECUTIVE about ?

derschloss · #1 (**permalink**) 13-01-2015, 12:13 AM

Any one knows on the prospects of being a CHARTERING EXECUTIVE ?

Career progression and salary progression.
Thanks alot everyone

#2 (**permalink**) 13-01-2015, 06:00 PM

Quote:

Originally Posted by derschloss

Any one knows on the prospects of being a CHARTERING EXECUTIVE ?

Career progression and salary progression.
Thanks alot everyone

Dry? Wet? Crude? Light? Agri?
So many types of Chartering Executive.

I have been in Chartering and a Charterer most of my life.

4.5 years broker $4k + big bonuses
4 years chartering executive $6k + small bonus
2 years senior chartering executive $7k + bonus
3 years assistant chartering manager $9k + bonus
6 years chartering manager $17k + bonus
8 years Head of Chartering $28k + bonus

Retired at 53, that was 4 years ago.

Salary structure may have changed since then.

derschloss · #3 (**permalink**) 14-01-2015, 01:06 AM

Thanks for all the information.
Just wonder a fresh grad from RMIT business, will be able to get a job as a charterer or ship broker? Or you need certain exp from other department.

derschloss · #4 (**permalink**) 18-01-2015, 12:03 PM

Anyone had any exp with it?

#5 (**permalink**) 20-01-2015, 06:59 PM

Chartered buses chartering. 3.6k

#6 (**permalink**) 23-01-2015, 04:01 PM

Quote:

Originally Posted by derschloss

Thanks for all the information.
Just wonder a fresh grad from RMIT business, will be able to get a job as a charterer or ship broker? Or you need certain exp from other department.

You need an 'edge' to get in.

Being a roadsweeper is easy to get in - market is undersupplied with labour, present labour doesn't stay long, low quantitative rewards (poor salary) and low qualitative rewards (lousy working environment)

Being a Charterer is not easy to get into - market is saturated with labour with high qualifications and unique skill sets, people in the industry don't want to leave, high quantitative rewards (high salary a/o bonuses), high qualitative rewards (free food, free alcohol, excellent environment, command respect/authority)

So, to get in you basically need to push someone out, or fight against everyone for that 1 opening.

What is YOUR edge?

derschloss · #7 (**permalink**) 23-01-2015, 11:31 PM

Well said. Thanks for the information.

#8 (**permalink**) 26-01-2015, 11:27 AM

STOP UNDER CUTTING!!!

I almost got a job with some grains trading company to be a junior chartering executive... they were offering $4k on the initial.

I think I was going to get it or be shortlisted but now their HR says too many offers at $3.2k, $3.4k, $3k.... asked me to revise my asking for $4k!

Stop undercutting each other!!!!

#9 (**permalink**) 13-02-2015, 11:54 PM

The industry is very competitive. If you are the right person with right characteristic they are hunting for, I am sure company are willing to pay that amt but make sure u have to perform well. this year is going to be tough on shipping companies. big names are having all sort of problems. People are rentrenched/looking for jobs/seeking for opportunities.

I would say if you perform, increment would be about 1k per year (or up to 50pct increase of ur salary ) and with decent bonuses (for sure it is not big- time has passed). Severe oversupply of tonnages. Remember shipping is 24/7, expect urself to work from bed/during holiday etc.... U have to enjoy it! Good Luck!

#10 (**permalink**) 09-07-2015, 04:01 AM

Hello everyone,

Im keen in entering this field of shipping. I have a business degree from RMIT coupled with a diploma in shipping operations from SP. I have worked about 1 year as a marine surveyor.

Any advise on making this jump towards the commercial aspect, it has been a difficult and long journey for me and I am feeling rather helpless. Any help would be much appreciated