Art Transport Hobbled and Prices Surging in Asia Amid US and Israel’s War in Iran

The ongoing conflict involving the United States, Israel, and Iran has severely disrupted the global art logistics network, particularly in Asia. A report in the Art Newspaper details soaring costs and shipping delays, with international air freight for fine art spiking up to 300% due to increased oil prices. Some exhibitions, like a Per Kirkeby show in China, have opened with fewer works, and shipments for Art Basel Hong Kong were stuck at sea for over a month. Shippers are now considering alternative routes, such as the China-Europe Railway Express, to mitigate delays and costs.

UK Considers Charging Museum Entry: Morning Links

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The UK government is considering a significant policy shift by exploring entry fees for foreign tourists at national museums to address a funding crisis in the arts. Culture Secretary Lisa Nandy indicated that the proposal, alongside a potential hotel levy, follows a review of Arts Council England. Since 2001, UK national museums have been free to all visitors, a policy credited with boosting tourism, but current economic pressures are forcing lawmakers to reconsider this model.

Newly Authenticated Modigliani Heads to Sale at Art Basel Hong Kong via Pace with a $13.3 M. Price Tag

A newly authenticated painting by Amedeo Modigliani, "Jeune femme brune" (1917–18), is being offered for sale by Pace gallery at Art Basel Hong Kong with a price tag of €11.5 million ($13.3 million). The work, the highest-priced piece at the fair, was only recently included in art historian Marc Restellini's forthcoming Modigliani catalogue raisonné after decades of authentication disputes and legal battles.

after 35 years in business galerie francesca pia becomes latest dealership to fold amid market downturn 1234758348

Galerie Francesca Pia, a fixture of the Swiss art scene for 35 years, has announced it will close its doors at the end of October. Founded in Bern in 1990 before moving to Zurich's prestigious Löwenbräukunst-Areal district, the gallery will conclude its operations following a final exhibition with American artist Wade Guyton. The closure marks the end of a significant tenure for a dealership that was a regular participant at Art Basel for over two decades.

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Art Basel has launched its inaugural edition in Doha, Qatar, debuting a specialized format that emphasizes solo artist presentations and a slower, more meditative pace compared to its flagship fairs. The event features a curated selection of international galleries including Pace, Lisson, and Almine Rech, with a layout designed to foster deeper engagement and introduce regional collectors to the fair circuit.

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The House of Electronic Arts (HEK) in Basel and the Tezos Foundation have announced a year-long partnership to integrate blockchain technology into museum experiences. The collaboration includes virtual and physical exhibitions, workshops, and preservation initiatives, featuring six international digital artists. Exhibitions will be hosted on HEK's online platform virtual.hek and outdoors during Art Basel, with artworks released via the Tezos-based marketplace Objkt. The partnership also involves on-site kiosks and educational workshops on NFTs and digital ownership, as well as HEK's participation in the EU COST Action EMBARK training school on NFT preservation at ZKM in Karlsruhe.

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Thaddaeus Ropac is opening a new project space in New York and has hired Emilio Steinberger as a senior director. Hauser & Wirth now represents artist Conny Maier in collaboration with Société in Berlin. Zippora Elders Tahalele has been appointed director of the Nederlands Fotomuseum. The Tulsa Artist Fellowship announced its 2026–28 cohort of ten artists and arts workers. The ADAA appointed four new board members: Elizabeth Feld, Bridget Moore, Yancey Richardson, and Melissa Timarchi. Sotheby's second sale in Saudi Arabia, 'Origins II,' totaled $19.6 million, with a record $2.1 million for Safeya Binzagr's work. The article also covers Art Basel Qatar's first edition, with comments from Sheikha Al-Mayassa bint Hamad bin Khalifa Al-Thani and artistic director Wael Shawky.

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Hong Kong's M+ museum has selected Pakistani American artist Shahzia Sikander's hand-painted animated film *3 to 12 Nautical Miles* (2026) for its latest M+ Facade commission, a massive LED media screen. Co-commissioned by M+ and Art Basel, the work will screen from March 23 through June 21. The animation explores entangled histories of empire and commerce, linking Imperial Britain, the Indian subcontinent, and Qing China, and chronicles the Mughal Empire's decline, the East India Company's rise, and the First Opium War.

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The Diriyah Biennale Foundation has announced the artist list for the third edition of the Diriyah Contemporary Art Biennale, opening January 30 in the JAX District of Diriyah, near Riyadh. Titled “In Interludes and Transitions,” the biennale is curated by Nora Razian and Sabih Ahmed and features over 65 artists, including more than 20 new commissions. Participants range from historic figures like Pacita Abad and Etel Adnan to emerging voices such as Raven Chacon and Dineo Seshee Bopape, working across painting, installation, film, sound, architecture, and publishing.

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In 2025, art fairs and auction houses have deepened their integration with luxury brands, with Sotheby's and Christie's reporting that luxury items like handbags, jewels, and watches now account for a significant share of revenue—roughly a third at Sotheby's, with private luxury sales surging 350% year-on-year. Art fairs such as Frieze London and Art Basel's global editions have moved beyond traditional sponsorship, embedding luxury partners like Tiffany & Co., Ray-Ban, Stone Island, and De Beers into curated sections, mentorship programs, and immersive installations. Industry figures like Marc Spiegler and Emily Glazebrook emphasize that the most successful collaborations prioritize artists over brands, with initiatives like UBS's Unlimited sector and the Chanel Culture Fund serving as models.

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The Kunstmuseum Basel has confirmed that a Paul Gauguin self-portrait, titled *Portrait de l’artiste par lui-même* (1903), is an authentic work by the French painter, despite decades of scrutiny. The painting, held by the museum since 1945, was subjected to scientific analysis—including pigment testing, radiography, and infrared reflectography—at the Bern Academy of the Arts after amateur art sleuth Fabrice Fourmanoir claimed it was actually painted by Gauguin’s friend Ky-Dong Nguyen Van Cam. The tests showed the pigments date to Gauguin’s era, but also revealed overpainting on the face, possibly done between 1918 and 1926, though the museum found no evidence of intentional forgery.

louvre admits stolen jewels are not insured art basel ubs collecting report shows growing influence of women and gen z and more morning links for october 23 2025 1234758550

The Louvre has admitted that jewels stolen from its collection in a daylight smash-and-grab robbery on Sunday are not privately insured, leaving the French state liable for the full $102 million loss if the items are not recovered. The heist targeted jewels once owned by Emperor Napoleon III and Empress Eugénie, and a leaked audit revealed the museum's security systems were "outdated and inadequate." French officials have struggled to track the thieves, and the culture ministry confirmed that the state acts as its own insurer for works in their usual place of conservation, meaning no reimbursement will be made if the jewels remain missing.

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The ARTnews article reports on several major art market moves as of October 22, 2025. Highlights include Nahmad Contemporary offering a $50 million Picasso at Art Basel Paris, likely the 1941 work 'Femme au corsage bleu (Dora Maar)'; Gagosian Gallery now representing the estate of Richard Diebenkorn with a November exhibition; Alison Jacques Gallery joining Tina Kim and Silverlens to represent the Pacita Abad Estate; Gladstone Gallery taking on Celia Paul in New York; and Freeman's | Hindman expanding its trusts and estates team across the US. The piece also notes Rodder's inaugural show for Wyatt Kahn and Kaufmann Repetto adding Bice Lazzari to its roster.

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Offscreen, the nomadic Parisian art salon founded by former Paris Photo director Julien Frydman, returns for its fourth edition from October 21 to 26, 2025, held concurrently with Art Basel Paris. This year, the event takes over La Chapelle Saint-Louis de la Salpêtrière, a historic church on the grounds of a former hospital that once detained and studied women labeled as “degenerate” or “insane.” The venue previously hosted exhibitions by Anselm Kiefer, Nan Goldin, and Christian Boltanski. Offscreen features 28 artists from 27 galleries, including a guest of honor tribute to late video-sculpture pioneer Shigeko Kubota, a durational performance by Maria Stamenković Herranz, and new talks and museum acquisitions from the Centre Pompidou and ZKM.

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Taylor Swift's music video for her song 'The Fate of Ophelia' has been found to closely reference Friedrich Heyser's painting 'Ophelia' (ca. 1900), held at the Wiesbaden State Museum in Hamburg. Swifties have flocked to the museum by the hundreds to see the Art Nouveau work, surprising and delighting museum director Andreas Henning. Separately, a street mural reading 'Black Artists Matter' and a rainbow crosswalk in Austin, Texas, face removal under President Trump's directive against DEI initiatives, as ordered by Texas Governor Greg Abbott. In other news, Art Basel has renamed its VIP section to 'collector and institutional relations,' five stolen 18th-century snuffboxes have been recovered from the Cognacq-Jay Museum in Paris, and Chiara Camoni will represent Italy at the upcoming Venice Biennale.

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Hauser & Wirth's UK subsidiary reported an 87% decline in pretax profit for 2024, falling to $1.6 million from $12.5 million the previous year, as revenue dropped by more than half to $91.4 million. The gallery attributed the downturn to a sharp fall in secondary-market sales, which can fluctuate significantly based on a few high-value transactions. The UK entity represents only a small portion of the gallery's global business, which the founders said remained aligned with the prior year's successful performance. Separately, the gallery's hospitality arm, Artfarm Group, posted a wider pretax loss of $24 million despite a 16% rise in turnover.

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White Cube has appointed Jessie Washburne-Harris as a global director, based in New York, effective October 2025. She joins from Pace Gallery, where she was senior vice president, and has previously worked at Marian Goodman, Gagosian, Petzel, and Sotheby’s, as well as cofounding Harris Lieberman gallery. The appointment coincides with the second anniversary of White Cube’s permanent New York space, which opened in 2023 in a former bank on the Upper East Side and has hosted exhibitions by Tracey Emin, Theaster Gates, Antony Gormley, and Ilana Savdie.

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ARTnews analyzed publicly reported sales from five blue-chip galleries—Hauser & Wirth, Pace, Thaddaeus Ropac, White Cube, and David Zwirner—at Art Basel 2025, finding a combined total over 35% lower than in 2024, around 8% below 2023, and just over 20% down from 2022. The high-water mark was $204 million in 2024, boosted by eight-figure works from Hauser & Wirth. Meanwhile, the number of artists sold by these galleries rose steadily from 109 in 2022 to 157 in 2025, indicating a shift toward broader, less concentrated inventory. Dealers reported mixed sentiments, though seven-figure deals still occurred, and some noted that market uncertainty has led to more scattershot presentations with wider price ranges.

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Koyo Kouoh, the celebrated Cameroonian-born curator known for championing African contemporary art, has died unexpectedly at age 57. She passed away in a hospital in Basel, Switzerland, due to cancer, just months after being appointed curator of the 2026 Venice Biennale—making her only the second African-born curator to lead the prestigious exhibition, following Okwui Enwezor in 2015. Kouoh was executive director and chief curator of the Zeitz Museum of Contemporary African Art (Zeitz MOCAA) in Cape Town since 2019, where she organized landmark shows like "When We See Us: A Century of Black Figuration in Painting" (2022), and founded RAW Material Company in Dakar in 2008, an independent art center now considered a top space in West Africa.

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Following the cancellation of Art Basel Miami Beach 2020 due to the pandemic, the Miami Design District has announced plans to host a physical art and design event. Approximately 25 to 30 top-tier galleries will occupy storefronts for a ten-day period starting November 27, while the historic Moore Building will house 'Design Miami/ Podium,' a curated selling exhibition titled 'America(s)' led by Aric Chen.

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The Gulf region is rapidly transforming into a primary axis for the international art trade, marked by the upcoming debut of Art Basel Qatar and the rebranding of Abu Dhabi Art as a Frieze event. While state-led museum projects have long dominated headlines, a surge of commercial activity is now taking hold as blue-chip galleries like Pace and David Zwirner join local stalwarts. This expansion comes at a strategic time as traditional markets in the U.S., U.K., and China face contraction.

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Artnet News columnist reflects on the fragile state of the art market as 2025 ends, noting that global instability and troubling news have dampened buyer psychology. Despite this, major auction houses reported strong annual sales—Sotheby's at $7 billion (up 17%) and Christie's at $6.2 billion (up 6%)—and a series of high-profile sales, including the Pauline Karpidas collection auction and Leonard Lauder's Gustav Klimt portrait fetching $236.4 million, have sparked renewed momentum. The article quotes advisors and dealers who sense a market bottom has passed, with buyers returning to auctions and fairs like Art Basel Miami Beach.

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Todd von Ammon, a young gallerist, critiques the contemporary art market's over-reliance on art fairs and the homogenization of gallery spaces into a sterile, grid-like system. He contrasts this with the lost charm of discovering hidden, architecturally unique galleries in labyrinthine neighborhoods, which he argues fosters a sense of urban belonging and agency for collectors and art workers. The article traces the shift from the rabbit warrens of SoHo to the dense Chelsea gallery district and the rise of the modern art fair, epitomized by Art Basel's expansion to Miami Beach in 2002, which he likens to a pyramid scheme that burdens young galleries with high costs for minimal returns.

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The author recounts a visit to the Prado in Madrid, where his attempt to photograph a portrait by Alonso Sánchez Coello was blocked by a guard enforcing a strict no-photography policy. This experience leads him to reflect on the evolution of museum mementos, from postcards—which he used to buy and even had his children select as a curatorial exercise—to the role of social media in sharing art. He recalls his time as curator of the Thyssen-Bornemisza Collection, where postcard sales were a key revenue and popularity gauge, and notes that Instagram now serves as a virtual window into exhibitions and art fairs like Art Basel Miami.

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The article reports on a record-breaking auction sale of a 4-foot-4-inch Labubu doll, which sold for RMB 1.08 million ($150,300) at Yongle International Auction in Beijing, with premium reaching RMB 1.24 million ($174,000). The character was created by Hong Kong artist Kasing Lung, who also collaborated with Art Basel on a limited edition. Other key developments include the closure of the Art Basel Hong Kong satellite fair Supper Club after two editions, Frieze announcing a new year-round space called Frieze House Seoul in Yaksu, and Blum gallery taking on global representation of Japanese ceramic artist Kimiyo Mishima's estate. The article also covers upcoming exhibitions by Christine Ay Tjoe at White Cube New York, Seulgi Lee at Ikon Gallery Birmingham, Kenny Scharf at the Modern Art Museum Shanghai, and Trevor Yeung's adaptation of his Venice Biennale show at M+ Hong Kong.

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Elizabeth Peyton's double portrait of Oasis brothers Liam and Noel Gallagher sold for £1,992,000 ($2.7 million) at Sotheby’s Modern and Contemporary Evening Auction in London, just above its low estimate of £1.5 million. The work, depicting the band in 1996, was backed by a house guarantee and irrevocable bid. The consignor had purchased it in 2011 for $511,640, yielding a positive return. The sale coincided with Oasis's upcoming reunion tour starting July 4.

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The article highlights Medardo Rosso, an Italian sculptor largely overlooked despite his pioneering role in modernist sculpture. A new exhibition at the Kunstmuseum Basel, "Medardo Rosso: The Invention of Modern Sculpture," showcases 50 of his works alongside pieces by over 60 artists including Rodin, Degas, and Brancusi, aiming to reassert his influence. Rosso's radical approach rejected monumentality for materiality and process, embracing subjects from society's fringes and anticipating 20th-century art developments. The show also revisits his bitter rivalry with Rodin, whom Rosso accused of borrowing his signature tilting effect.

Matisse’s explosive finale and a new chapter for Hong Kong? Plus, Schiaparelli and Dalí—podcast

This week's episode of The Art Newspaper podcast covers three major art world events. A landmark Henri Matisse exhibition at the Grand Palais in Paris focuses on his final, explosive 13 years of work, including his famous cut-outs. In Hong Kong, Art Basel opens amid economic uncertainty, with analysis on whether the market is turning a corner. Meanwhile, London's Victoria and Albert Museum unveils a show on Elsa Schiaparelli, featuring a Salvador Dalí painting that directly inspired her iconic fashion designs.

From technology to Gen Z collectors, Adrian Cheng shares the key trends in Hong Kong’s art scene

Adrian Cheng, a key figure in Hong Kong's art world, identifies major trends shaping the city's art scene ahead of Art Basel Hong Kong. He highlights the convergence of major art fairs, auction house sales, and new gallery openings during the 'Art March' period, drawing a global audience with high-profile exhibitions by international artists like Mary Weatherford, Nicole Eisenman, and El Anatsui.

George Baselitz, Purveyor of the Tortured Male Genius Myth, Dies at 88

Georg Baselitz, the influential German Neo-Expressionist painter known for his emotionally charged, often violent works and his controversial statements about women artists, has died at age 88. His final paintings will be shown in the exhibition "Eroi d’Oro" at the Fondazione Giorgio Cini in Venice starting May 6. Baselitz rose to prominence with his "Heroes" series of monumental male soldiers and his signature "upside down" paintings, which forced viewers to focus on painterly gesture over representation. He was a key precursor to Germany's Neue Wilde movement and confronted Germany's World War II trauma in works that combined expressionistic brutality with Wagnerian grandeur.