Location: Dubai, UAE

Reports to: Head of Offshore / Commercial Director

Role Purpose

Support commercial, chartering, and investment decisions across SPM's offshore support vessel (OSV) fleet through market research, data analysis, and reporting.

Key Responsibilities

- Track offshore vessel markets (OSVs, AHTS, PSVs) — day rates, utilization, tonnage supply/demand across key regions (Middle East, West Africa, Southeast Asia)
- Monitor E&P; capex cycles, rig counts, and offshore project sanctioning that drive OSV demand
- Build and maintain databases on vessel ownership, newbuild orders, and fleet age profiles
- Prepare charter market reports and rate benchmarking for chartering negotiations
- Support vessel acquisition/disposal evaluations with market comps and earnings assumptions
- Track competitor fleets, contracts won/lost, and tendering activity
- Prepare investment committee papers and presentations for offshore projects
- Liaise with brokers,



class societies, and industry data providers (Clarksons, VesselsValue, Rystad, etc.)

Requirements

- Bachelor's degree in Maritime Studies, Economics, Finance, or Engineering
- 2–5 years' experience in shipping research, offshore/E&P; analysis, or a broking/chartering house
- Solid Excel/financial modeling skills; familiarity with Clarksons SIN, VesselsValue, or similar platforms
- Understanding of offshore support vessel operations and charter party structures
- Excellent written English for report drafting
- Ability to work with cross-border teams (Dubai, Singapore, India)

Preferred

- Prior exposure to VLCC/tanker or dry bulk markets alongside offshore
- Knowledge of Middle East offshore E&P; landscape (ADNOC, Saudi Aramco, QatarEnergy)

📌 Research Analyst — Offshore Division (Bhavnagar)
🏢 Priya Blue Shipping
📍 Bhavnagar