At Western Bulk the Data Science team works as a start-up within a traditional industry. We make use of the latest technology to sustain a commercial edge in a highly competitive and global shipping market. Join us on our journey!
About the role:
Western Bulk (WB) is looking for a data science intern to join the team in Oslo next summer. The Data Science team works proactively, creating products that help the company maintain a market edge. We are becoming data driven by combining complex algorithms with vast amounts of data, ranging from geolocations of vessels to financial data like commodity prices and derivatives.
As part of our team you will:
We are looking for a motivated candidate who fits the below description:
You will have the opportunity to learn and grow in a young, highly dynamic and ambitious trading environment.
Western Bulk (WB) is an asset-light dry bulk operator and freight trader, operating a fleet of about 100 -150 Panamax, Supramax and Handysize vessels. The company combines highly commercial trading skills with technology, advanced analytics and risk management to succeed in an extremely competitive and global shipping market.
WB seeks to offer flexible, high-quality ocean freight services to its customers, leveraging on its global trading pattern, relationships and operational expertise. Through its constant presence in the various regional and local freight markets, WB gains valuable market intelligence that it uses to take positions in the market – trying to identify and benefit from short term price variations, trend breaks and arbitrage opportunities. Moreover, value is created by constantly seeking to optimise the scheduling of vessels and cargoes, reducing ballast time and finding ways to operate voyages as efficiently as possible.
Each of WB's nine Commercial Teams operate as decentralized profit centres, using ships, cargoes and derivatives for directional play and arbitrage in the market. Risk management is a central part of WB's trading model, and the company also invests heavily in the use of technology and advanced analytics for decision support and market forecasting.
Western Bulk is headquartered in Oslo, and has offices in Singapore, Dubai, Seattle, Santiago, Casablanca and Copenhagen.
For more information, see www.westernbulk.com