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Shipping Economics Advisor

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Reference ID R141339 Updated 03/20/2024
United Kingdom

Where you fit in

The Shipping & Maritime organization provides maritime expertise to all Shell Group businesses and leads the industry in safety, technology and developing solutions to challenges such as decarbonization. Expertise comes in the form of developing strategy, providing input to industry bodies, commercial shipping advice and contracting, technology innovation and project design, maritime risk management and assurance, HSSE, fleet management and operations, and extracting value through innovation and digital along the entire end to end maritime value chain.

The Shipping Economics Advisor is a part of the Maritime Operations EU/AF team; the position enables the delivery of accurate, timely and relevant advice to Shell businesses on shipping investments, enabling informed decision making.  The role will encompass developing expert modelling, market analysis, business insight, and stakeholder liaison.

What’s the role?

In this role, you will apply your expertise to:  

  • Provide economic analysis and advice to support group investment projects, contract renewals and in the evaluation of shipping acquisitions/ disposals and period charter offers in oil, LNG and any other required area.
  • Develop methodologies for evaluating new areas (particularly in relation to the shipping decarbonization) and drawing insights from data (e.g. freight emissions data, emissions reporting and impact analysis of environmental regulations, vessel performance data).
  • Standardize existing evaluation tools and methods to create a suite of ‘off the shelf’ tools for the team, linking in with digital solutions across Shipping & Maritime.
  • Support shipping strategies and charter contract negotiation strategy development; including contributing towards overarching strategic priorities related to decarbonization, maintaining customer centricity and delivering stakeholder value.
  • Provide fleet supply, forecasts and long-term fundamentals analysis in crude, products and/or LNG.
  • Provide governance support towards compliance, settlements and contractual matters related to long-term charters.

What we need from you

We are keen to hear from candidates with the following skills and qualification:

  • Knowledge of shipping and can understand freight economics. Knowledge of LNG and/or oil markets would be a benefit but is not a prerequisite.
  • Proven analytical skills; confident with complex numerical analysis, demonstrating commercial, and financial acumen.
  • Previous modelling experience in Excel and other tools.
  • Ability to create modelling methodologies to evaluate new opportunities in new areas and to standardize existing ones.
  • Able to synthesize complex data into concise and focused analysis, often against tight deadlines.
  • Able to tell the story and explain the ‘so what’ for commercial stakeholders.
  • Ability to work with multiple sources of data, to understand and incorporate uncertainty appropriately and provide advice with incomplete information.
  • Self-starter, able to work independently, able to plan and adapt own workload in the face of changing priorities whilst maintaining on time and accurate delivery.
  • Flexible and capable of adapting previous knowledge to find solutions to new challenges.
  • Ability to develop and demonstrate learner mindset and key leadership behaviours required to thrive in this exciting and well-rounded role.

If you don't see yourself fully reflected in every job requirement listed on the posting above, we still encourage you to reach out and apply. Research has shown that not everyone often applies when they do not feel 100% qualified. We are committed to creating a more equitable, inclusive, and diverse company and we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply. We look forward to receiving your application.

Flexible working

We are keen to support flexible working arrangements, subject to local regulations and legislative frameworks. If this is of interest to you, please describe in your application the type of flexible working arrangements for which you would like to be considered (e.g., part-time, job share).

About Shell UK

Shell is an international energy company that aims to meet the world’s growing need for more and cleaner energy solutions in ways that are economically, environmentally, and socially responsible. It is one of the world’s largest independent energy companies, operating in more than 70 countries.

Shell has a global target to become a net zero emissions energy business by 2050. This means that Shell aims to be net zero on all emissions generated by its operations and the energy needed to power them. The company is working with customers, business, and governments to address emissions across different sectors.

In March 2022, Shell UK announced an ambition to invest between £20 to £25 billion in the UK energy system over the next decade, more than 75% of which is intended for low and zero-carbon products and services including offshore wind, hydrogen, and electric mobility. These investments, which are subject to board approval, aim to propel the UK closer to net zero whilst intending to stimulate economic growth and jobs.

Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit, and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are one of the largest FTSE 100 company in the UK by market capitalisation and make a significant contribution to the UK economy.

An innovative place to work

There’s never been a more exciting time to work at Shell.

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future – whether by investing in oil, gas and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.

  • We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.
  • We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
  • We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
  • We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.