Peter Sand Joins Xeneta as Chief Analyst
BIMCO's longtime chief shipping analyst Peter Sand is departing the trade organization to take up the chief analyst role at ocean and air freight rate benchmarking, market analytics platform and container shipping index Xeneta, the Olso-based company announced on Wednesday.Sand joins Xeneta after over a decade at BIMCO, where he was responsible for analyzing commercial markets based on the global economic situation and its influence on trade. Prior to BIMCO, he worked with Danish shipping company D/S NORDEN as a senior analyst. He holds a Master’s in economics from the University of Copenhagen
Europe, China Economic News Challenges Shipping Demand
The global economic recovery continues along the rather bumpy lines described in the most recent report on macro economics from BIMCO. Chief Shipping Analyst at BIMCO, Peter Sand, said, "Economic data coming in today dampens optimism for the Euro zone a bit. A lower of level of GDP growth and inflation is affecting shipping demand slightly negatively. However, the outlook for the manufacturing sector in the Euro zone continues to improve" EU reduces Euro growth forecast as inflation seen to slow Bloomberg reported, The European Commission trimmed its economic growth forecast for
