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Voyage Optimization Specialist

bp
bp Salary
Chicago, IL Full Time
POSTED ON 5/26/2026
AVAILABLE BEFORE 6/25/2026
Role Overview

The Voyage Optimization Specialist plays a key execution-focused role in enhancing voyage profitability across the shipping fleet through real-time voyage optimization and support for bunker procurement activities. Operating within the US region, this role collaborates closely with bunker buyers, commercial optimization leads, chartering, operations, and performance teams to enhance fleet performance, reduce costs, and improve commercial outcomes.

This position is ideal for individuals with hands-on experience in shipping operations or voyage optimization and offers broad commercial exposure with pathways toward specialization in bunkers or commercial shipping optimization.

Key Responsibilities

Voyage Optimization & Performance Monitoring

  • Monitor daily vessel TCE, routing, speed, consumption, weather, and overall voyage performance, identifying deviations and inefficiencies.
  • Identify and complete daily voyage optimization opportunities to increase earnings and minimize costs.
  • Participate in daily optimization huddles, providing insights on bunker planning and voyage performance.
  • Track vessel performance KPIs, highlight underperformance, and support coordination with Operations on corrective actions.

Claims, Off-Hire & Voyage Analysis

  • Support preparation of performance and off-hire claims by gathering data, reviewing logs, and coordinating documentation with internal teams and vessel owners.
  • Assist with tracking rebillable costs at the voyage level to improve transparency and cost recovery.
  • Contribute to post-voyage analysis, including fuel variance assessments, bunker cost benchmarking, consumption trend reviews, and documentation of voyage findings.

Data Management & Reporting

  • Maintain voyage logs, dashboards, and monthly reports, ensuring timely updates of key commercial and performance metrics.
  • Assist in testing, validating, and improving digital tools, dashboards, and analytics used for routing, consumption monitoring, and bunker planning.

Bunker Procurement Support

  • Track daily bunker price movements and market intelligence, providing timely updates to support procurement decisions.
  • Assist in planning and optimizing bunker stems for each voyage based on consumption profiles, routing, schedules, vessel performance, and commercial strategy.

Cross-Functional Collaboration

  • Work closely with Chartering, Operations, Performance, Digital, Technical teams, and external vendors to support consistent optimization practices and continuous improvement across the fleet.
  • Support knowledge sharing and alignment of standard processes across commercial and operational teams.

Essential Experience

  • 3–5 years of recent experience in commercial shipping, voyage operations, or fleet performance roles with exposure to live voyage management.
  • Sailing experience on tankers up to senior officer level.
  • Experience identifying freight losses, minimizing idle time, and leading commercial claims (demurrage, off-hire, miscellaneous claims).
  • Demonstrated collaboration with vessel operators, masters, and fleet teams to optimize bunker intake and support forward voyage planning.
  • Recent experience within a vessel-owning organization or tanker pool setup as a bunker buyer or in operations.

Desirable Experience

  • Proficiency with IMOS or similar commercial voyage management systems.
  • Sailing experience on chemical tankers.
  • Working knowledge of global bunker markets, fuel pricing mechanisms, ISO 8217 specifications, and supplier landscape.
  • Understanding of charterparty bunker clauses and ability to advise Charterers to protect commercial positions.
  • Strong influencing and stakeholder management skills with validated cross-functional collaboration.
  • Solid understanding of compliance requirements, risk management practices, and governance frameworks relevant to commercial shipping operations.

How much do we pay (Base)? 95,000 - 177,000 USD *Note that the pay range listed for this position is a genuinely expected and reasonable estimate of the range of possible base compensation at the time of posting. 

This position is eligible for US Benefits – Core. This position offers paid vacation depending on your years of relevant industry experience and will range from 120 – 240 hours of vacation per year for full time employees (60 - 240 hours of vacation per year for part time employees). You will also be eligible for 9 paid holidays per year and 2 personal choice holidays. You may learn more about how we calculate paid vacation and view our generous vacation and holiday schedules at Core U.S. Benefits Core SPD Bp has a parental leave policy as well, which offers up to 8 weeks’ paid leave for the birth or adoption of a child. Learn more by visiting Core U.S. Benefits. Core SPD

We offer a reward package to enable your work to fit with your life. These offerings include a discretionary annual bonus program, long-term incentive program, and generous retirement benefits that include a 401k matching program. These benefits include a pension for eligible employee. You may learn more about our generous benefits at Core U.S. Benefits. Core SPD

Why join us?

At bp, we support our people to grow in a diverse and exciting environment. We believe that our team is strengthened by diversity.

There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, excellent retirement benefits, among others!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation!

Salary.com Estimation for Voyage Optimization Specialist in Chicago, IL
$81,199 to $97,994
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