Royal Caribbean Group · 2 months ago
Fuel Sourcing and Sustainability Procurement Manager
Royal Caribbean Group is a leader in the vacation industry with a focus on innovative travel experiences. They are seeking a Fuel Sourcing and Sustainability Procurement Manager who will provide strategic guidance and management for marine fuel products, ensuring compliance with sustainability goals and efficient procurement processes.
Travel
Responsibilities
Supports executing the Bunker optimization and delivery operations for RCI, CEL, SSC, TUI and HLC vessels which results in over 150,000 tons of annual consumption, $1 billion in direct fuel expense
Manages the fuel sourcing strategy for ~20% of global bunker ports & regions, including procurement of LNG, liquid drop-in biofuels, methanol, conventional marine fuels, as well as alternative commodities (marine engine lube oils)
Leads continuous oversight of the order process, communications with suppliers and the vessels to ensure 99.9% delivery and specification accuracy given the extraordinary importance of timely fuel supply for our ability to deliver the cruise to the guests
Researches existing and future lower-carbon fuel technologies to meet RCG’s carbon reduction goals and emerging carbon reduction mandates in EU and other jurisdictions
Collaborates with emerging fuel providers, central and local governments, port authorities to establish alternative fuel production and supply chain with particular focus on second generation biofuels, LNG and Bio-LNG and Green methanol
Works with shipbuilding companies and transportation operators to develop logistical infrastructure, land and ocean-going assets to transport and bunker alternative fuels to the managed fleet in key global ports
Plans & coordinates the yearly and long term conventional and low carbon fuel procurement programs for RCG fleet with all external/internal stakeholders, including cost avoidance saving targets aimed to generate multi-million-dollar annual savings
Leads the development and execution of procurement and negotiation process based on multiple volatile variables that drive oil, gas, finished petroleum products and alternative fuels markets. Ensures contractual premiums, transportation and delivery schedules are based on advanced economic order quantity concepts as well as compatibility of specific bunker products
Performs supplier vetting, barge compatibility and ensures business coverage across the fleet
Leads frequent Ad Hoc Analysis / Updates requested by Upper Management. Provides guidance related to Bunker impact as a result of potential operational changes
Provides guidance and establishes baselines for complex price analysis of multiple parameters, such as regional fuel price differentials, freight, fuel energy content, sulfur
Ensures contract formulas are in compliance with derivatives accounting principles while maintaining lowest possible total cost of ownership
Responsible to lead quarterly business reviews with fuel suppliers covering major performance indicators such as environmental and MARPOL/ISO compliance, as well as transaction settlements
Manages departmental KPIs such as arbitrage savings, on-time delivery, industry benchmarking. Manages a team of leads and buyers to establish 100% timely fulfillment of the orders
Engages with Environmental, Safety & Energy Management departments so that the fuel team is educated and aware of all the relevant regulations, specifications and technology developments
Leads and provides guidance on itinerary development of the managed fleet to ensure reliable fuel support of short and long term voyages
Continuously develops supply points to mitigate operational disruptions caused by saturated fueling markets
Ensures, monitors, and verifies that specific market data, such us International Energy Agency forecasts, Platts and SGMF publications, etc which are used to formulate negotiations, strategies and plans
Reviews Purchase Order claims and contracts for conformance to company policy
Prepares and reviews contracts, bids, proposals, and vendor agreements for legal correctness, price, and acceptability of items to specifications
Performs other duties as required. This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to perform any other job-related duties assigned by their supervisor or management
Oversees bunkering strategy and operations of a multi-million-dollar commodity spend
Responsible for providing business users with analytical insight in order to properly manage and forecast the annual fuel expense
Provides Bunker expense reporting and any variance analysis explanation to Accounting, GMO, Finance & Corporate Planning
Leads Bunker Expense reporting for 10k, quarterly earnings call and other financial disclosures
Performs sensitivity analysis based on forward looking speculation and scenarios
Qualification
Required
7+ years procurement experience with proven track record of successfully negotiating multi-million-dollar contract global supply contracts and management of day-to-day operations
A minimum of 5 years petroleum industry, LNG and low carbon fuels experience in refining, downstream operation, or marketing
Bachelor's degree or equivalent required in related field; Master's degree preferred
Expert knowledge of global petroleum and bunkers supply
High degree of knowledge in biofuel and LNG markets and supply options
Expertise in decarbonization standards and regulations including but not limited to EU ETS, Fuel EU Maritime, CII, ISCC, Renewable Energy Directives (RED II and III), etc
Ability to manage professional teams in highly dynamic environment
Working knowledge of Platts, Argus, and Bunkerworld oil pricing services
Fuel blending and freight economics, global refining markets
Petroleum Derivatives and related material
Ability to work in a fast-paced environment with multiple projects and priorities
Negotiation and analytical skills
Strong interpersonal skills and ability to communicate in a multicultural environment with all levels of employees and management
Ability to write reports, business correspondence, and procedure manuals
Ability to effectively present information and respond to questions from suppliers and all levels of staff and management, both shipboard and shoreside
Preferred
Master's degree preferred
Benefits
Competitive compensation and benefits package
Excellent career development opportunities
Company
Royal Caribbean Group
Royal Caribbean Group is a cruise vacation company with a global fleet of 63 ships traveling around the world.
H1B Sponsorship
Royal Caribbean Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (36)
2024 (19)
2023 (12)
2022 (14)
2021 (4)
2020 (14)
Funding
Current Stage
Public CompanyTotal Funding
$15.43BKey Investors
RCI HoldingsMorgan Stanley
2025-09-22Post Ipo Debt· $1.5B
2025-05-14Post Ipo Debt· $2.28B
2024-09-16Post Ipo Debt· $1.5B
Recent News
Benzinga.com
2026-01-07
Company data provided by crunchbase