Latest data (November 6, 2026): UPI 220.05 (-4.07%) Historical performance: UPI 3M -1.52%UPI 6M 2.48% UPI 12M 30.90%
Latest data (November 6, 2026): UPI 220.05 (-4.07%) Historical performance: UPI 3M -1.52%UPI 6M 2.48% UPI 12M 30.90%
The UP World LNG Shipping Index sets the measure for the LNG shipping industry.
UPI weekly tracks the performance of publicly listed LNG shipping companies worldwide — bringing clarity to a fast-moving sector.
The UP World LNG Shipping Index (UPI) is a rules-based stock index family that tracks and measures the performance of publicly traded companies engaged in the maritime transport of liquefied natural gas (LNG).
Established in 2020, the index currently covers 21 publicly traded LNG shipping companies. This comprehensive coverage provides investors and industry professionals with a reliable tool for the LNG shipping sector.
The index uses a transparent, rules-based methodology to ensure consistent, objective tracking of sector performance. Companies are weighted by fleet capacity and market capitalisation, providing a balanced view of the industry.
UPI data is updated in real time and is accessible via our professional API, making it an essential tool for investment analysis, market research, and industry comparison.
Read more about the UPI.
The only dedicated index for the LNG shipping sector globally
A single index containing all publicly traded LNG shipping companies.
Rules-based approach ensures consistency and reliability
Latest Insights are previews from the UP World LNG Shipping Index Weekly Report — where we explain what moved the index this week, why, and what to watch next. The charts here show what the index does; the report tells you why. Full analysis on LNGshippingstocks.com.
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November 10, 2026: The UP World LNG Shipping Index fell 9.35 points (4.07%) to close at 220.05, caught in a broad risk-off week — the S&P 500 had its worst week since the April 2025 crash, down 2.68%. The decline was near-universal: breadth was just 3:18, the median fell 6%, and the weighted index (wUPI) dropped 5.5%. Two forces combined after the US mid-term elections — a weakening administration that eased geopolitical risk premiums (and so energy prices), and a tech/AI-led equity selloff that dragged shipping down in tandem. European gas prices fell 17% on higher Qatari loadings and softer Asian demand. Only three names rose: Nakilat led (+10.12%, a third straight gain on US contracts and reduced geopolitical threat) and Excelerate added 4.1% after strong quarterly results (new Bahamas contract, extended Petrobras charter to 2038, updated Colombia/Iraq start dates). The fallers were led by Tsakos (−16.7%) and BP (−11.6%), with Chevron −9.73%, the Japanese trio down 7–9.5%, and Shell, NFE, FLEX LNG and Pan Ocean each off around 8%. Dynagas (−6.9%) was pressured by European sanctions concerns and a need for a new insurer. Spot tanker rates diverged sharply — Atlantic surged to $55,250, Pacific $32,750 — reflecting Europe’s new pull.
November 3, 2026: The UP World LNG Shipping Index halted its slide and gained 7.92 points (3.58%) to close at 229.39, back within striking distance of the 230 mark, while the S&P 500 lost 0.57%. The rebound was broad: breadth was 13:7, the median rose 0.99% and the weighted index (wUPI) added 1.8%, all on still-low volume. New Fortress Energy led with a 41% surge after agreeing a five-year lease of ten mobile turbines (up to 300 MW) to a US investment-grade company, followed by Excelerate (+9%) and Nakilat (+7.6%) off support, and a 7% gain in CCEC. All three Japanese majors rose around 6% — MOL +6.45%, NYK +5.88%, “K” Line +5.83% — breaking above closing-price resistance, with MOL already in a fresh uptrend. The only meaningful decline was Pan Ocean (−6%), pulling back into its high-level range, with Dynagas and BP each off 1.8%. In the background, Asian spot LNG rose for a fourth straight week to a multi-year high of $32.50/MMBtu on Middle East tensions and winter demand, European benchmarks firmed near $32, and spot tanker rates jumped — Pacific to $44,500, Atlantic to $28,000. The updated Crystal Ball turns more constructive: Qatar’s moves to honour its commitments have lifted market sentiment, and supplier diversification (now including a US deal for Bangladesh) is reshaping the market beyond price alone.
October 27, 2026: The UP World LNG Shipping Index fell 3.43 points (1.53%) to close at 221.48, a more moderate retreat than the prior week, while the S&P 500 lost 0.47%. Unlike recent weeks, the internals were soft too: the median fell 1.79% and the weighted index (wUPI) dropped 3.27%, with breadth of 8:13. The dominant story was news flow rather than price: QatarEnergy signed major long-term US supply deals — up to 4 mtpa from Cheniere through 2054, plus advanced talks with Woodside (up to 3 mtpa) and Venture Global — to cover its war-induced liquefaction outages, and the first Qatari cargo since April headed via the Red Sea to Poland’s Świnoujście terminal. ALNG led the gainers (+12%), with Tsakos +4.5% and the oil & gas majors (Chevron +3.65%, BP +2.2%, Shell +1.43%) all at fresh yearly highs. The fallers were led by New Fortress Energy (−16%, new lows), COSCO (−8.37%) and Pan Ocean (−8%), with ADNOC −7.25% and Korea Line −6.8%. In the background, gas prices rose in both basins on colder weather and strong Chinese spot buying — Asian LNG to $30.50/MMBtu, Europe just over $29 — while spot tanker rates firmed on Pacific routes to $30,750 (Atlantic $21,750).
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