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Laytime Specialist

COFCO INT.·Salary not specified

Primary stack

Negotiation

Nice to have's

MaritimeShippingLogistics ManagementCharter PartySales Contract

Job description

About the Position

We are seeking a Laytime Specialist to manage laytime calculations for COFCO International, ensuring accurate and timely settlements. The Global Laytime Team serves COFCO International and its subsidiaries by making laytime calculations both for the commodity and freight side. As a Laytime Specialist, you will be expected to carry out the calculation, negotiation, and settlement processes covering the entire trade chain.

Responsibilities

  • Manage end-to-end laytime process for a portfolio of voyages, ensuring calculations are completed accurately and in accordance with contractual provisions.
  • Review voyage documentation and operational records to validate events, identify discrepancies, and support claim assessments.
  • Analyze charter party terms, sale and purchase agreements, and related commercial contracts to determine laytime and demurrage implications.
  • Identify potential commercial exposures and provide timely recommendations to stakeholders to mitigate financial and contractual risks.
  • Collaborate with operations, trading, and commercial teams to ensure contract requirements and commercial instructions are properly executed.
  • Maintain accurate records of claims, accruals, settlements, and supporting documentation within relevant business systems.
  • Prepare, issue, and reconcile settlement statements, including debit and credit adjustments where required.
  • Lead discussions and negotiations with customers, suppliers, shipowners, charterers, and other counterparties to achieve commercially sound resolutions.

Requirements

  • Education:

    • Bachelor’s Degree in Maritime, Shipping, or Logistics Management
    • Degree in MICS will be an advantage
  • Experience:

    • Minimum 2 years work experience with a Shipping or Trading company of which at least 1 full year core experience in Laytime operations.
    • Experience of tanker operation preferred but not required
    • Experienced level of understanding of laytime terms
    • Familiarization with Charter Party and Sales Contract clauses
    • Experience from hybrid working or collaborating virtually
  • Skills / Competencies:

    • Advanced English level, both written and spoken
    • High computer literacy
    • Attention to details with a strong focus on contractual language
    • Ability to analyze data accurately and make suggestions & improvement
    • Technology sound with regards to using digital applications
    • Good understanding of contracts, charter parties, and key Laytime/ demurrage provisions and the terminology associated with Laytime to perform an accurate calculation
    • Ability to negotiate with customers by making analytical calculations on laytime calculation

We Offer

  • Competitive salary
  • Opportunity to work in a global agri-business with a clear vision and strong values
  • Professional growth and development opportunities

About the Company

COFCO International is a global agri-business with a clear vision, strong values, and a positive culture, focused on being a leader in the global grains, oilseeds, and sugar supply chains. Headquartered in Geneva, Switzerland, we are ambitious, with the right structures and culture to meet the world's increasing and changing needs. With 11,000+ people in 35 countries, our global portfolio includes assets across the Americas, Europe, Africa, Middle East, and Asia-Pacific. We trade with over 50 nations, while providing farmers unique direct access to the growing Chinese market.

© COFCO INT.. This job description was sourced from the employer's public career page. TheJob is not the employer — we index the posting and route candidates to the source. All content rights and hiring decisions belong to the employer.

A multi-flag, global agri-business with a six-continent supply chain, COFCO International is positioned for sustainable growth. Our upstream origination and trading operations are linked to the downstream processing and distribution capabilities of COFCO and its affiliates in importing markets, such as China—creating a fully integrated value chain. With logistics and processing assets located at key global trade flows, and more than 13,000 employees in 35 countries, COFCO International delivered more than 100 million tonnes of products globally in 2016 —with revenues in excess of $35 billion.

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