๐ข Latest update on the UP World LNG Shipping Index:
UPI gained 0.26% or 0.53 points to 203.97 points this week.
Historical performance: 3M -3.91%, 6M 25.62%, 12M 21.75%.
๐ Full UPI Weekly Report coming Tuesday!
#LNG#shipsandshipping#shippingstocks#LNGshipping#shipping
The UP World LNG Shipping Index moved above the sideways trend after falling below the short-term moving average last week. Our weekly chart confirms this, as a downtrend would require a break below the long-term moving average. We don't expect that, but it's worth watching.
LNG shipping stocks: The decline broke the trend
The UP World LNG Shipping Index lost 11.38 points (5.30%) last week, closing at 203.44 points and breaking below its support range.
Read the full report: https://t.co/wQ8eLLU0kl
๐ข Latest update on the UP World LNG Shipping Index:
UPI lost 5.30% or 11.38 points to 203.44 points this week.
Historical performance: 3M -7.2%, 6M 26.58%, 12M 23.80%.
๐ Full UPI Weekly Report coming Tuesday!
#LNG#shipsandshipping#shippingstocks#LNGshipping#shipping
Awilco LNG ASA โ Purchase of shares by nominated Chairman
Awilco LNG ASA is pleased to announce that Mr. Anders Onarheim, through his fully owned company, subscribed for and was allocated 1,700,000 shares at a price of NOK 3.25 per share in the announced subsequent offering.
๐ฆ๐๐ฎ๐น๐ฒ๐บ๐ฎ๐๐ฒ ๐ฐ๐ผ๐ป๐๐ถ๐ป๐๐ฒ๐ โ ๐จ๐ฃ๐ ๐ฏ๐ฎ๐ฟ๐ฒ๐น๐ ๐บ๐ผ๐๐ฒ๐, ๐ฆ&๐ฃ ๐ฑ๐ฌ๐ฌ ๐ฒ๐ ๐๐ฒ๐ป๐ฑ๐ ๐๐ถ๐ป๐ป๐ถ๐ป๐ด ๐๐๐ฟ๐ฒ๐ฎ๐ธ ๐
The UP World LNG Shipping Index gained just 0.05% last week to 214.82 points.
Full report ๐
https://t.co/KctfuxDDpk
UP World LNG Shipping Index continues trading sideways in a support zone between 219 and 212 pointsโwaiting for the next directional move. Gas prices are rising, especially in Asia, where rising temperatures contribute to consumption. More: https://t.co/QdbGuzKk6X
@lhcarsandcats 1/ I agree, but I'd like to break down your answer. It depends on the timeframe youโre assessing. From a long-term perspective, LNG and its transportation are experiencing growth; from a short-term perspective, itโs a complication and a mess leading to the rerouting of LNG flows.
๐ข Latest update on the UP World LNG Shipping Index:
UPI gained 0.05% or 0.11 points to 214.82 points this week.
Historical performance: 3M 2.88%, 6M 32.27%, 12M 29.36%.
๐ Full UPI Weekly Report coming Tuesday!
#LNG#shipsandshipping#shippingstocks#LNGshipping#shipping
The UP World LNG Shipping Index has traded sideways in recent weeks due to the prolonged U.S.-Iran ceasefire. The Strait of Hormuz remains closed, with Asian countries feeling the effects of the blockade more acutely amid rising temperatures.
Read more: https://t.co/QdbGuzKk6X
๐ฆ๐ถ๐ฑ๐ฒ๐๐ฎ๐๐ ๐๐ฟ๐ฒ๐ป๐ฑ ๐ฐ๐ผ๐ป๐๐ถ๐ป๐๐ฒ๐ โ ๐จ๐ฃ๐ ๐ต๐ผ๐น๐ฑ๐ ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฎ ๐ณ๐ผ๐๐ฟ๐๐ต ๐๐ฒ๐ฒ๐ธ ๐
The UP World LNG Shipping Index remains in its support range of 212โ219 points.
Full report ๐https://t.co/O5WoLAcYLQ
๐ข Latest update on the UP World LNG Shipping Index:
UPI lost 1.43% or 3.11 points to 214.72 points this week.
Historical performance: 3M 10.38%, 6M 31.18%, 12M 28.86%.
๐ Full UPI Weekly Report coming Tuesday!
#LNG#shipsandshipping#shippingstocks#LNGshipping#shipping
@circuitbull Thanks for the comment. We think it is a great change as there were no ships passing through. The report was written on Monday; since then, the situation has developed as Qatar recommended that ships go dark. But they still pass through, maybe because they go to Pakistan.