Position : CHARTERING MANAGER

Location:
Khar West, Mumbai, Maharashtra. Department: Commercial – Dry Bulk Operations Reporting to: Chartering Director or equivalent Job Summary The Chartering Manager will be responsible for leading and executing the company’s dry bulk commercial operations within an asset-light operating model. The role focuses on managing chartered-in tonnage against cargo commitments, optimizing freight spreads, and driving voyage profitability. The position requires full ownership of freight trading execution, charterparty negotiations, market positioning, and voyage P&L; performance. The Chartering Manager will operate in a commercially dynamic environment, balancing cargo exposure, vessel cover, and market volatility to generate sustainable margins. This is a pure operator role, with emphasis on freight optimization rather than asset ownership.

Key Responsibilities
Commercial & Freight Trading Execution
• Develop and manage a balanced portfolio of cargo contracts (COAs, spot cargoes) and chartered-in tonnage.
• Optimize freight spreads between cargo revenue and vessel hire.
• Execute time charter, voyage charter, and COA fixtures.
• Position vessels strategically based on forward market expectations.
• Actively manage market exposure (spot vs period exposure strategy).
• Monitor Baltic indices and route economics to guide commercial decisions. Charterparty Negotiation & Contract Management
• Lead negotiations with owners, charterers, brokers, and operators.
• Structure charterparty terms aligned with risk management strategy.




• Review and negotiate CP clauses including laytime, demurrage, bunker clauses, and performance warranties.
• Ensure commercially robust fixtures with optimized terms and optionality. Voyage P&L; Ownership
• Prepare detailed voyage estimates and sensitivity analysis.
• Monitor actual voyage performance versus estimates.
• Manage hire, freight, demurrage, dispatch, and claims.
• Identify and implement cost optimization strategies.
• Report voyage profitability and variance analysis to management. Market Intelligence & Strategy
• Maintain real-time awareness of freight markets across Handy, Supramax, and Panamax segments.
• Develop freight forecasts and commercial positioning recommendations.
• Provide structured reporting to senior management and the Board.
• Identify arbitrage opportunities across regions and vessel sizes. Operational & Cross-Functional Coordination
• Ensure seamless communication between post-fixture and the account teams.
• Coordinate with operations to maximize tradable days and minimize idle time.
• Work closely with technical managers (where applicable) to optimize vessel performance and off-hire management.
• Support bunker procurement strategy in coordination with operations.



Business Development & Network Building
• Expand relationships with cargo interests, traders, brokers, and shipowners.
• Develop new cargo streams and tonnage sourcing channels.
• Enhance the company’s commercial profile within the dry bulk market. Risk Management & Claims
• Manage exposure related to freight volatility and operational risks.
• Correspond with P&I; Clubs and legal advisors on claims when required.
• Support arbitration processes when necessary. Required Competencies
• Strong freight trading mindset with commercial discipline.
• Proven ability to generate freight margin in volatile markets.
• Deep understanding of dry bulk chartering structures (TC, VC, COA).
• Advanced analytical skills for voyage economics and market forecasting.
• Robust negotiation capability across complex CP clauses.
• Resilient and performance-driven in high-pressure environments.
• Strategic thinker with strong numerical and commercial acumen. Job Requirements
• Minimum 5 years’ experience in dry bulk chartering within an operator environment.
• Proven track record in managing chartered-in tonnage and cargo books.
• Experience in Handy/Supramax markets preferred.
• Strong network of brokers, owners, and charterers.
• Proficiency in IMOS (VIP preferred) and voyage accounting systems.
• Excellent English communication skills (written and verbal).
• University degree in Maritime Studies, Shipping, Business, or related discipline.

📌 Chartering Manager (Mumbai)
🏢 Alliance Recruitment Agency
📍 Mumbai