On July 25, the regular quarterly rebalance of the UP World LNG Shipping Index (UPI) was completed.
During this update, two new constituents were added to the index:
- ADNOC Logistics & Services plc (United Arab Emirates)
- COSCO SHIPPING Energy Transportation Co., Ltd. (China)
With these additions, the UPI now tracks 21 publicly listed companies and partnerships from across the globe, providing broader coverage of the global LNG shipping market. This expansion reflects the growing importance of Middle Eastern and Chinese operators, aligning the index more closely with the real structure of the LNG carrier fleet.
Following the rebalance, it is recommended to examine the updated weightings of all constituents, as the inclusion of these two large players likely caused shifts in regional and sectoral representation within the index.
