Chartering and Commercial Operations
The Chartering and Commercial Operations team is responsible for the commercial activities of BP Shipping including the chartering in and out of BP and third party vessels, voyage operations and commercial performance measurement. The team is made up of three global organisations:
Chartering is responsible for securing compliant and commercially competitive freight for the BP Group. The team optimises, negotiates and executes the chartering in of all spot and time chartered vessels used by BP, and the chartering out of all operated and time chartered vessels to internal BP customers or to third parties.
Voyage Operations provides operational expertise to vessels on BP and third party voyages in accordance with BP's Operations and HSSE policies to optimise commercial performance while delivering operational assurance.
Commercial Support manages the commercial completion of all voyages on the operated and time chartered (OTC) fleet in accordance with relevant charter parties, ensuring optimum profitability from each fixture. This includes monitoring and reporting on the commercial performance of the OTC fleet.