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October 13, 2026: The UP World LNG Shipping Index rose 3.84 points (1.68%) to close at 231.87, while the S&P 500 gained 1.15%. The advance was broad but gentle: breadth was 11:10, the median constituent rose 2.3%, and while the weighted index (wUPI) eased less than half a per cent, the overall tone pointed to stabilisation rather than a strong directional push. Volume ticked up from the prior week but stayed on the lower side. COSCO led with a double-digit, trend-following gain (+14%) back into the spring range, Excelerate added 6.8% off support, and ADNOC rose 6.7% to erase its two-week correction. Shell broke to fresh highs (+4%), with BP, Chevron, Tsakos and the Japanese trio all gaining within their sideways ranges. On the downside, New Fortress Energy slid over 33% to new lows, and Nakilat eased 2.88% on geopolitics, while both Korean names and Dynagas gave back recent gains. In the background, Asian spot LNG firmed on renewed tanker-attack fears near Hormuz, though muted Chinese and Indian buying capped the rise; Hormuz flows stayed strong (9 carriers reactivating AIS east of the strait this month). Read or listen more...