For LNG and energy cargo operators, managing nominations is a daily responsibility where accuracy and timeliness are non-negotiable. GLX CARGO’s Nominations AI streamlines this critical process, reducing manual effort and ensuring key contractual obligations are captured consistently and correctly.
In LNG and energy cargo operations, missing a nomination deadline can result in penalties, suboptimal scheduling, or even lost trading opportunities. Operators know this well. On a daily basis they’re required to extract clauses, dates, and flexibilities from lengthy SPAs and term sheets, manually re-keying them into spreadsheets and other legacy systems under tight deadlines.
That’s where GLX CARGO’s Nominations AI delivers real impact. By shifting nominations away from high-risk manual processes to an AI-supported workflow, it brings accuracy, consistency, and speed to a task that has traditionally been error-prone and resource-heavy.
“Operators are often juggling multiple contracts, counterparties, and deadlines, with very little room for error.,” says Rohit Silva, Chief Operating Officer at GLX Digital. “Our role with GLX CARGO is to take that complexity off their hands, and give them a smarter, more reliable way of working.”
AUTOMATING THE NOMINATION WORKFLOW
GLX CARGO’s Nominations AI automates the creation and management of Nomination Tasks and Master Tasks by combining contract intelligence with operational logic:
Upload documents: Operators upload SPAs, term sheets, or related contracts in PDF, Word, or Excel format.
AI extraction: The AI identifies and extracts key contractual details including buyer/seller, nomination type, vessels, ports, load/discharge quantities, quality specifications and cancellation terms.
Automatic task generation: Using this data, the system creates Nomination Tasks and Master Nomination Tasks, pre-populated with flexibilities, rules, and descriptions. The AI also suggests date rules (due, notify, escalate) mined directly from the contract.
Review and approve: Operators retain full control, reviewing and editing all suggested Tasks and Master Tasks before final confirmation. The AI provides a highly accurate draft, reducing the risk of oversight.
Explainability of the AI is key, so each AI-generated outcome includes the relevant contract clause text in the description field, so operators always have the source material at hand.
“Our goal with Nominations AI is simple – no missed deadlines, no missed opportunities,” Silva adds. “By embedding AI directly into the nomination process, we’re enabling teams to move faster with more confidence, and far less risk.”
WHY OPERATORS NEED THIS TECHNOLOGY?
For cargo operations teams, speed and reliability are critical. SPAs and term sheets are often complex and contain nuanced flexibilities that can be easily misread or inconsistently recorded. Even small oversights can have multi-million-dollar consequences.
GLX CARGO’s nomination AI addresses these risks by:
Reducing manual workload: Operators save hours spent parsing and re-keying contract data.
Improving accuracy and consistency: Contractual terms are interpreted and applied the same way across all nominations.
Accelerating turnaround: Nomination Tasks are generated in minutes, helping teams stay aligned with market pace and tight deadlines.
Strengthening governance: Nomination Tasks are linked directly to contracts, vessels, and counterparties, creating a clear audit trail and single source of truth.
Every nomination is an opportunity to protect value, optimise operations, and reduce exposure. GLX CARGO’s Nominations AI transforms nominations into an intelligent, auditable, and efficient process, empowering operators to focus on higher-value work while safeguarding outcomes.
It’s another step in GLX Digital’s mission to help energy enterprises manage cargo, trading, shipping, and finance – all on one AI-powered platform – more intelligently and efficiently.
LIKE TO KNOW MORE?
To see GLX CARGO in action, and learn how the system can potentially save your energy company tens of millions of dollars in value leakage, get in touch.
