At Western Bulk we believe in data-driven decision-making, and the Decision Support team builds solutions that support our commercial teams in their daily work. We use the latest technology to sustain a commercial edge in a highly competitive and global shipping market. As a summer intern, we will challenge you by handing you a real-world problem that our commercial teams face every day!
Becoming data-driven is a complex task. On the one hand, you need to understand the commercial aspects of the problem you want to solve. On the other hand, you need to know the data that is available to you and how to use it to solve the problem at hand. You need to be both curious and analytical, and not afraid to ask questions and challenge yourself to learn more!
Western Bulk is looking for summer interns for our Decision Support team. You will work with projects or tasks related to business analysis, data science, vessel optimization, or similar. Common for all projects is combining data analysis with business insight to understand or solve problems, or to make products for decision support within the organization.
We are looking for 3rd-year students who can demonstrate the following qualities:
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
