Marathon Petroleum

Chartering Specialist

Marathon Petroleum$70K — $95K *
Transportation
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required.
  • 3-5 years experience in analytics, marine operations, trading or marketing with profit/loss responsibility.
  • Proven ability in contract negotiation and scheduling.
  • Strong analytical skills with experience in data analysis and market trend interpretation.
  • Ability to adapt to rapidly changing market conditions and work in a fast-paced environment.

Responsibilities

  • Negotiate spot and time charter contracts focusing on pricing and terms.
  • Track market trends, supply chain issues, and geopolitical factors affecting freight.
  • Manage voyage execution, ensuring efficient delivery and strong communication with stakeholders.
  • Adhere to trading strategies to maximize profitability and performance.
  • Coordinate internal waterborne cargo requirements and ensure regulatory compliance.
  • Handle documentation, compliance, and asset management tasks.
  • Compile reports on trading activities and performance metrics for internal review.

Benefits

  • Opportunity for professional growth in a global team environment.
  • Engagement with both local and international stakeholders through regular travel.
  • Involvement in strategic decision-making in a competitive freight market.
  • Exposure to various commodity types, enhancing skill diversity and market knowledge.
  • Participation in shipping conferences for industry networking.
Full Job Description
Position Summary

As part of the Commercial Marine team, you will play a crucial role being part of a global freight team, segmented by commodity type with region specific responsibilities. The Charterer role demands a keen ability to navigate and interpret complex market structure. The primary challenge lies in adaptability to changing market dynamics, making forward freight calls, strategizing fleet positioning and balance in support Marathon's evolving refining and marketing needs. This requires someone who is able to work in a fast-paced trading-floor environment, seamlessly collaborating with internal stakeholders. Effective communication and collaboration with the local and global teams are essential to ensure timely and strategic decision-making in a highly competitive freight market. This position is initially focused on coverage of the Crude/DPP and LPG maritime needs, but may evolve over time.

Occasional domestic and/or international travel to meet clients and attend shipping conferences is required (approximately one to four times per year).

Key Responsibilities

  • Negotiate spot charters; market time charter fleet, under guidance, focusing on achieving competitive pricing and favorable terms.


  • Track and report on market trends, supply chain issues, and geopolitical factors that may impact product availability and pricing.


  • Manage voyage execution and ensure safe and efficient delivery. Support relationship management by maintaining regular communication with owners, charterers, and brokers.


  • Follow established trading strategies and provide input to help optimize profitability.


  • Coordinate and execute internal waterborne cargo requirements, confirm dates and logistic requirements, and compliance with industry and voyage related regulations.


  • Perform tasks related to asset management, such as handling documentation, compliance, demurrage, and vessel vetting. Handle routine tasks related to physical asset management, including basic cash tracking; development of low to medium complex freight estimates to internal trading teams.


  • Compile and submit reports on trading activities, performance metrics, and market updates for review by internal stakeholders.


  • Work with regional teams to assist in implementing supply and sourcing plans.


Education and Experience

Chartering Specialist

  • Bachelor's Degree required.


  • Three (3) or more years of experience in analytics, marine operations, trading or marketing including profit/loss responsibility for product trading, contract negotiation and scheduling.


Senior Chartering Specialist

  • Bachelor's Degree required.


  • Five (5) or more years of experience in analytics, marine operations, trading or marketing including profit/loss responsibility for product trading, contract negotiation and scheduling.


Skills

Accountability

Commercial Awareness

Communication

Contract Management

Customer-Focused

Data Analysis

Decision Making

Entrepreneurship

Leadership & Mentoring

Marketing Strategies

Negotiation

Strategic Planning

Location: Houston, TX or San Antonio, TX

Relocation: No

Estimated Travel: 20%

This position grade may vary depending on candidate experience. The successful candidate will be placed at a level commensurate with experience and qualifications.

Location:
Houston, Texas

Additional locations:
San Antonio, Texas

Job Requisition ID:


Location Address:
500 Dallas St Ste 2900

Education:
Bachelors (Required)

Employee Group:
Full time

Employee Subgroup:
Regular

About Marathon Petroleum

Marathon Petroleum Corporation (MPC) is in the business of creating value for their shareholders through the quality products and services they provide for their customers. They strongly believe how they conduct their business is just as integral to their bottom line. As a result, they strive to always act responsibly with those who work for them, with those business partners who work with them, and in every community where they operate.

Marathon Petroleum Careers

Joining Marathon Petroleum means becoming part of a leading global team in the energy sector, where job opportunities abound for those eager to advance their careers in a dynamic and inclusive environment. As one of the largest refining companies in the world, Marathon Petroleum is at the forefront of transforming the energy landscape.

Work You’ll Do

At Marathon Petroleum, your work will directly contribute to the company's ongoing success and leadership in the industry. You will collaborate with skilled professionals dedicated to innovation and excellence in all aspects of the energy sector. Our team's combined expertise fuels Marathon Petroleum's commitment to sustainable energy solutions and operational excellence.

Innovate and Lead

Step into a role that challenges and excites with Marathon Petroleum. Here, innovation isn't just a buzzword—it's a call to action. Our leadership is committed to fostering a culture where new ideas lead to groundbreaking solutions. This commitment to innovation and leadership is woven into every aspect of our business, from refining operations to environmental strategies.

Grow and Develop

Marathon Petroleum is deeply invested in the professional growth and development of its employees. We offer a variety of training and development programs, including leadership development, diversity training, and technical skills enhancement. Whether you're starting as an intern or a seasoned professional, you’ll find a pathway to personal and professional growth with us.

Be Part of Our Team

Our team at Marathon Petroleum is driven by a shared mission to excel. By joining us, you'll work alongside dedicated professionals who are passionate about their roles and the impact they have on the company and the industry. Our collaborative environment supports career advancement and fosters a culture of professional enrichment.

Diversity and Inclusion

At Marathon Petroleum, we believe diversity drives innovation. Our inclusive culture welcomes all perspectives and encourages a diverse workforce that reflects the communities we serve. We are committed to providing equal employment opportunities, ensuring that all team members have the resources they need to succeed.

Explore Job Opportunities

Marathon Petroleum offers a range of job opportunities across various functions of the business. From internships that provide real-world experience to full-time positions in engineering, business, and more, there’s a place for your skills and passions here.

Future-Proof Your Career

With Marathon Petroleum, you are not just finding a job; you are building a career equipped with the tools for success in the ever-evolving energy sector. Our robust benefits package supports your health, well-being, and financial security, allowing you to focus on professional development and career advancement.

Stay Connected

Join Our Team Discover the exciting career opportunities waiting for you at Marathon Petroleum. Search open positions that match your skills and interests. We are always on the lookout for curious, creative, and driven team members.

Keep Up to Date

Stay informed with the latest company news, industry insights, and career tips—all from the people who work here. Marathon Petroleum is more than a company—it's a community where you can grow, innovate, and lead.

Job Alert Emails

Customize your experience by subscribing to receive job alerts and insider information tailored to your preferences. Explore the rewarding opportunities that await at Marathon Petroleum.

Join Marathon Petroleum—where careers fuel futures.

Learn more about Marathon Petroleum
Size
17,700 employees
Market Cap
$53 billion
Industry
Net Income
-$9.8 billion
Founded
2005
5 Year Trend
+13.8%
Revenue
$74.9 billion
NASDAQ

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