Capt. Sidharth Chaudhary
Dubai,U.A.E
Summary
Accomplished Master Mariner and senior shipping executive with over 25 years of experience in tanker and bulk operations, ocean freight management, and strategic leadership. Proven track record of driving operational excellence, expanding market share, and optimizing profitability within the shipping industry. Expertise in overseeing complex shipping operations, chartering, P&L management, risk mitigation, and regulatory compliance. Adept at building and leading high-performing teams and fostering customer relationships while ensuring cost-effective, reliable, and efficient service delivery. Demonstrated success in navigating market trends, leveraging technology for process optimization, and creating growth opportunities in the tanker and dry bulk sector. In-depth knowledge in vessel management, and commercial management, specializing in the strategic planning, optimization, and execution of fleet operations. Deep understanding of safety, environmental standards, and regulatory requirements. Skilled in building high-performing teams and optimizing operational efficiency to achieve sustainable profitability.
Overview
14
14
years of professional experience
Work History
Head of Shipping
STYX Ocean DMCC
05.2023 - 02.2025
- Led strategic initiatives in tanker and bulk freight operations, generating annual freight profits of USD 3 million by optimizing fleet utilization and anticipating market trends
- Oversaw vessel drydocking, major repairs, retrofits, and technical management, generating significant savings ($500k/per vsl/docking) in operational costs and ensuring compliance with regulatory standards
- Developed and implemented operational processes in collaboration with technical team that reduced costs and improved performance, including bunker management strategies that saved USD 300,000 annually
- Developed and executed strategies for fleet utilization & optimization resulting in continuous employment of vessels and attracting investors
Chartering & Trade Execution Manager
Akhdar Trading DMCC
10.2023 - 05.2024
- Drove growth in tanker and bulk freight services by providing tailored market solutions based on in-depth analysis of shipping trends, seasonal impacts, and geopolitical factors
- Led negotiation and execution of commercial agreements, generating revenue of USD 120K per fixture and building long-term client relationships
- Reduced insurance premiums by 20%, improving overall operational efficiency
- Implemented logistics strategies that improved service delivery and developed new customer segments, including successful market entry into Indian sunflower oil market
Executive Director Shipping
Saif United Shipping & Trading
11.2022 - 07.2023
- Led acquisition and chartering of 8 vessels, optimizing operational performance by developing SOPs and enhancing technical and crew management
- Managed diverse portfolio of tanker and bulk vessels, ensuring efficient deployment and operational excellence
- Developed training program for crew and technical teams, promoting high standards of performance and safety compliance
- Led strategic negotiations with third parties and stakeholders, resulting in significant cost reductions
General Manager Shipping /Head Tonnage acquisition/Head Tanker Chartering
Aditya Birla Group Trading (Ex Swiss Singapore Overseas Ent Pte Ltd)
04.2015 - 07.2022
- Spearheaded growth of ship-owning vertical, generating USD 15 million in profits over 7 years by acquiring and effectively managing assets
- Led development and execution of business model that focused on asset acquisition, commercial and technical management, and fleet optimization
- Negotiated favorable terms for technical management and insurance policies, reducing dry-docking and operational costs by over USD 500K
- Pioneered implementation of IMOS software for fleet management, improving operational transparency and efficiency
- Successfully navigated IMO 2020 compliance, ensuring vessels met environmental regulations and maintaining profitability
Head Shipping Operations
TATA Steel Limited
01.2013 - 04.2015
- Managed shipping operations for UK and Europe plants, overseeing importation of 30 million tons of cargo, and ensuring on-time, risk-free delivery
- Identified and implemented new opportunities in shipping operations to maximize value and minimize risk exposure; while keeping firm eye on deploying cost effective strategies to improve profit
- Identified and implemented cost-saving strategies, achieving USD 500K reduction in bunker consumption in first year of implementation
- Developed environmental performance plans to meet evolving shipping regulations and led global terminal safety initiatives to ensure compliance with best practices
- Represented TATA Steel at international forums such as IMO, ensuring company’s views were integrated into shipping policy discussions
- Appointed Chairman of Terminal Safety, responsible to lead Group’s bulk terminal improvement teams to ensure global best practices are replicated and are in line with internal as well as regulatory standards
Senior Marine Consultant
Maritech Commercial Pvt. Ltd
07.2011 - 12.2012
- Provided expert consultancy on tanker and bulk operations, advising clients on shipping disputes, pre-chartering inspections, and operational efficiency
- Delivered cost-saving recommendations, achieving average of USD 18,000 savings per vessel by optimizing fuel management and resolving bunker disputes
- Conducted damage investigations and root cause analyses to reduce operational disruptions and improve fleet performance
Education
B. Sc. - Nautical Sciences
Kalina University
Master (FG) Unlimited - INDIA
MMD
MICS - Shipping Business, Dry Cargo Chartering, Tanker Chartering, Economics of Sea Transport
Institute of Chartered Shipbrokers
Skills
- IMOS (Integrated Maritime Operations Software)
- Vessel Freight & Operations Management
- Regulatory Compliance & Safety
- Drydock & Repair Management
- Technology Implementation & Process Innovation
- Stakeholder Management & Dispute Resolution
- Team Leadership & Business Development
- Environmental & Sustainability Practices
- P&L Management & Financial Performance
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Languages
English
Hindi
Key Achievements
- Leadership & Strategic Growth, Led the successful development of a ship-owning vertical, expanding market share and generating significant revenue (USD 15 million in 7 Yrs) in tanker and bulk freight.
- Operational Excellence, Streamlined ocean freight operations by implementing cost-reducing measures, such as effective bunker management and optimizing vessel deployment, generating savings of USD 300K annually.
- Customer Relationship Management, Cultivated and maintained strong client relationships, acting as a key escalation point to resolve complex operational challenges and enhance customer satisfaction.
- Regulatory Compliance & Risk Management, Ensured compliance with international shipping regulations, including IMO 2020, while developing robust contingency plans to mitigate operational risks.
Affiliations
- Reading, Cricket, Running
Personal Information
- Passport Number: Z 4980536
- Dependents: 3 (Spouse + 2 Children)
- Date of birth: 05/25/78
- Nationality: Indian
- Visa status: Valid UAE Employment Visa
Timeline
Chartering & Trade Execution Manager
Akhdar Trading DMCC
10.2023 - 05.2024
Head of Shipping
STYX Ocean DMCC
05.2023 - 02.2025
Executive Director Shipping
Saif United Shipping & Trading
11.2022 - 07.2023
General Manager Shipping /Head Tonnage acquisition/Head Tanker Chartering
Aditya Birla Group Trading (Ex Swiss Singapore Overseas Ent Pte Ltd)
04.2015 - 07.2022
Head Shipping Operations
TATA Steel Limited
01.2013 - 04.2015
Senior Marine Consultant
Maritech Commercial Pvt. Ltd
07.2011 - 12.2012
B. Sc. - Nautical Sciences
Kalina University
Master (FG) Unlimited - INDIA
MMD
MICS - Shipping Business, Dry Cargo Chartering, Tanker Chartering, Economics of Sea Transport
Institute of Chartered Shipbrokers
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