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LNG shipping stocks: Negative figures, positive impression

The UP World LNG Shipping Index fell for a third straight week, losing 4.84 points (2.08%) to close at 228.04. The headline tells only part of the story: breadth was almost even at 10:11, the median…

  • UP World LNG Shipping Index declined 2.08% for third consecutive week
  • Weighted index (wUPI) rose 2% due to concentrated decline in K-Line, MISC, COSCO
  • Pan Ocean and Korea Line led gains, BP near yearly high despite overall decline

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