LNG shipping stocks saw significant gains last week, with the UP World LNG Shipping Index (UPI) reaching an all-time high, driven by positive sentiment in global markets and the onset of winter preparations. “The performance suggests a robust outlook for the LNG shipping sector, bolstered by increased demand for electricity in regions like South Asia,” stated an update from UPI yesterday. In Asia, spot LNG prices have surged over the past week to their highest levels in over eight months. Established in 2020, the UP World LNG Shipping Index covers 19 companies and partnerships worldwide, representing some two-thirds of the world’s LNG carrier fleet. Screenshot googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });