Want to understand what actually moves global freight markets?

A new grain season. Rising geopolitical tensions. Fuel prices moving. Port congestion. Ships suddenly heading in different directions.

What do these things have in common?

They all influence freight markets – and ultimately the USD/mt freight rates that commodity traders use every day.

At CM Navigator, you'll get to connect those dots.

You'll join our digital market intelligence business, working with research and data used by more than 100 commodity trading companies. And while Navigator will be your home base, you'll also be part of the wider Copenhagen Merchants Group – spanning brokerage, shipping, terminals, logistics, plant proteins and energy.

In other words, a pretty interesting place to learn how global trade actually works.

What you'll be doing

Your work will sit at the intersection of shipping, commodities, geopolitics and data.

You'll gradually learn how dry bulk voyages work, what they cost and why those costs change.

Your work will include:

Researching and maintaining the market data behind CM Navigator's freight rates
Following dry bulk markets, vessel movements, trade flows and freight rate developments
Investigating how geopolitical events, port congestion, bunker prices and other market changes affect voyage economics
Diving into numbers that don't add up – comparing sources, challenging assumptions and finding explanations
Supporting clients with questions about specific voyages, routes and freight calculations
Breaking down voyage costs and understanding what drives a USD/mt freight rate
Helping the team continuously improve research, data quality and methodology

Some days require structure and discipline. Others call for curiosity, detective work and a good commercial instinct.

Either way, your work ends up in a product used for real commercial decisions.

Who we're looking for

Got a curious brain, an analytical mindset and an interest in what makes global markets move?

You don't need to know the difference between a Panamax and a Supramax on day one. We'll teach you.

But we hope you:

Enjoy working with numbers, spotting patterns and figuring out why things happen
Follow global developments and are curious about how they affect business
Like asking questions, challenging assumptions and getting to the bottom of things
Are comfortable with Excel and interested in digital tools
Take responsibility for your work and enjoy getting things right
Like combining independent research with interaction with colleagues and clients

Experience with shipping or commodities is not required. Curiosity, analytical thinking and a willingness to learn matter much more.

And if you have a little Merchanteer in you – someone who enjoys connecting markets, people and commercial opportunities – even better.

What you'll get out of it

Real responsibility. Real market exposure. And hopefully a considerably sharper understanding of global trade.

You'll work alongside experienced freight and commodity professionals, learn how voyage economics translate into market prices and get involved in the research and client questions behind a growing digital platform.

You'll also get a look inside the wider Copenhagen Merchants universe – a Danish, family-owned group where commercial thinking, collaboration and a healthy dose of entrepreneurial spirit are part of everyday life.

We're informal, pragmatic and prefer useful work over corporate theatre.

We also have an octopus as our cultural ambassador, T.W. Heart. You don't need to understand that just yet. Most of us didn't either.

The practical bits

Location: CM Navigator, Pakhus 48, Nordhavn, Copenhagen

Period: Autumn 2027, as part of your CBS IST internship semester.

Eligibility: This internship is exclusively for students enrolled in CBS's BSc in International Shipping and Trade (IST). Applications from other programmes or institutions are not eligible for this particular opening.