The ongoing Russia-Ukraine conflict has led investors to rush to safe-haven assets. They are selling assets with high price volatility such as equities, commodities, and high-yield bonds, preferring safer harbors such as gold acquisitions. The crisis’s effect on the shipping industry has been mixed: tanker, LNG and LPG shipping equities have trended up while other sectors have remained flat or declined, according
READ MOREThe UP World LNG Shipping Index, a rules-based stock index family designed to show and measure the performance of world publicly traded companies involved in maritime transport of liquefied natural gas (LNG), advanced more than 1 point or more than 1.15% last week. US equities represented by the S&P 500 index rose 0.61%. Many of the constituents of the UP Index gained more than 2% and many
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