Jones Act Chartering Manager

Citgo Petroleum Corporation
Houston, TX Other
POSTED ON 5/1/2023 CLOSED ON 5/31/2023

What are the responsibilities and job description for the Jones Act Chartering Manager position at Citgo Petroleum Corporation?

Our Favorite CITGO Perks are:

• Remote Work options available for eligible positions • Options are department and/or location specific • 9/80 Work Schedule Option (where applicable) • Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees • Paid Vacation Time • Company-Paid Holidays • Parental Leave • Excellent 401(k) Match • Pension Plan • Company-Paid Sick Leave and Long-Term Disability • Medical, Dental, & Vision Plans; FSA and HSA options • Company-Paid Life Insurance for Active Employees • Healthy Rewards Program • Service Awards Program • Educational Assistance Plan • Dependent Children Scholarships • Reimbursement for Gym Membership • Employee Discount Programs • On-site Health Clinic • On-site Cafeteria (select locations) • On-site Credit Union and ATM (Corporate office only) • On-site Fitness Center (select locations) PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS

Relocation

Relocation Benefits are not available for this position.

Note

Employer will not sponsor visas for position

Job Summary

Manage the chartering of domestic marine equipment (tankers and barges) for the Corporation.  Coordinate with internal customers on their marine equipment requirements, provide economics of transportation costs and share market intelligence. Be knowledgeable and have a good understanding of the maritime industry and how it functions from beginning (Chartering) to end of process (Demurrage).  Directly responsible for negotiating and chartering marine equipment for assigned area and monitoring the work of Vessel Operations Coordinators, throughout each voyage providing guidance where needed.  Develop good working relationships within the industry. 

Minimum Qualifications

Degree:

  • College Degree (Bachelors Level).

The minimun number of years of job related experience required by this job is:

  • 4 years. 

List any specialized training or unique skills required:

  • Deep understanding of the Maritime Industry.
  • Excellent negotiation, organizational and leadership skills.
  • Excellent oral and written communication skills.
  • Ability to make presentations to Upper Management.
  • Ability to conduct multiple projects simultaneously.
  • Ability to work independently and as a team member.
  • Good Computer skills, knowledge of SAP, Power Point, Excel and Power BI a plus.

Job Duties

Jones Act Chartering Manager:

 

1. Negotiate and finalize transportation contracts to satisfy all CITGO water transportation requirements.  Manage the reduction of overall transportation costs and ensure reliable service to the Corporation through the efficient control of marine transportation equipment. 

  • Formulate and implement strategies to maximize utilization of term equipment while balancing fluctuations in refinery requirements, ascertain the optimum time to enter the market to charter transportation equipment and determine optimal length of contract based on market conditions. 
  • Communicate with internal and external traders/clients/charterers and vessel owners/brokers to price freight; ; negotiate freight rates and other Charter Party contractual terms. 
  • Maintain a comprehensive knowledge of various commodity types, rules, and regulations, as well as their corresponding equipment and operational differences to ensure proper cargo transfers. Incorporate this knowledge into various charter party agreements to ensure continuity of all agreements. Maintain contract and supporting information for compliance with corporate audit and purchasing procedures. 
  • Utilize experience to anticipate freight market demands and trends, both short and long term. Work with team to further develop quantitative and fundamental indicators for us in forecasting price. 
  • Monitor and analyze the impact of ancillary cost factors, such as fuel pricing and demurrage, in determining and implementing options and strategies for improved management. 
  • Facilitate chartering of quality vessels with partners that have a proven track record of reliability, safe operations, and an adequate supply of quality vessels.  
  •  Develop presentations and present contract details to appropriate Committees for approval.

2. Support various supply groups with their current and future transportation needs.  This will ensure that transportation being provided conforms to the strategic objectives of the supply function. 

  • Collaborate with supply traders, pilots and schedulers to determine supply programs and refinery unit runs to ascertain frequency and parcel volumes to be transported, thus avoiding demurrage, dead freight cost, and ensuring proper timing of marine transportation. 
  • Furnish Traders and Upper Management with accurate estimates of freight costs and vessels availability, enabling Traders and Management to include various freight costs in contract evaluations and economics. 
  • Evaluate the acceptance for company-chartered vessels to call at other facilities.  Ensure that vessel loading and delivering cargoes are safe and meet company requirements, directly reducing the potential for casualties and pollution risks. 

3. Maximize execution and supervise operations to make sure best practices are in place. Liaise with the freight operations teams across the organization giving clear instructions.

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