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Japan to provide P&I, compensate cargo, hull cover for crude, oil products, LNG transport
In simple terms
Japan plans to provide protection and indemnity cover and to partially compensate cargo and hull insurance payments for the transportation of crude oil, oil products and LNG, as part of a bill approved by the Cabinet on Oct. 13, a senior official at the Ministry of Economy, Trade and Industry said.
Earlier coverage
Earlier coverage on GreyNews
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