KAIKY News and Press, Kawasaki Kisen Kaisha Ltd ADR

2024-06-24 02:41:09 ET Summary UP World LNG Shipping Index gained 1.17% last week, led by FLEX LNG and Golar LNG. UPI outperformed the S&P 500, indicating positive momentum for LNG shipping stocks. The summer season is approaching, potential rise in gas consumption in Asia...

2024-05-07 02:50:13 ET Summary The UP World LNG Shipping Index (UPI) lost 1.24% last week, while the S&P 500 index gained 0.55%. The UPI underwent a rebalance with no changes in constituents, but weights were adjusted. Dynagas LNG Partners and Awilco LNG saw double-digit r...

2024-01-17 04:33:42 ET The U.S. is expected to redesignate Yemeni Houthi militant group as a foreign terrorist organization on Wednesday, as tensions in the Red Sea and the risk of Israel's war in Gaza spreading in the Middle East escalate. The move will reverse President Joe Biden'...

2024-01-15 03:56:46 ET Summary The LNG shipping sector represented by the UP World LNG Shipping Index (UPI) gained 4.20% in Q4 2023, compared to the S&P 500 index's gain of 11.24%. UPI's performance was lower than the SPX index, resulting in a negative Alpha, but volatility de...

2023-12-22 05:56:00 ET Ocean freight rates have shot up, while shipping companies' valuations are on the rise as more ships avoid the Red Sea after attacks by Yemen's Houthi rebels on vessels disrupted the key global trade route. The total market capitalization of the world's biggest pu...

2023-11-06 10:13:44 ET Summary The LNG shipping sector strengthened in Q3, gaining 1.74% while the S&P 500 index lost 2.52%. UPI outperformed SPX with bigger gains and lower volatility. Japan's "K" line had double-digit returns in both Q2 and Q3, while Excelerate Energy ex...

2023-07-20 16:18:45 ET Summary The LNG market has stabilized, leading to a slowdown in the LNG shipping sector, with the UP World LNG Shipping Index declining 3.79% in Q2. Despite the slowdown, big investors are showing interest in the industry, with recent IPOs, merger deals, and...