• TPM24
  • March 3-6, 2024 | Long Beach Convention Center

Peter Sand

Xeneta

Chief Analyst

Peter Sand joined Xeneta in 2021, as the Chief Analyst. Heading a team that delivers expert insights on container shipping and air cargo industries - from a logistics perspective. Focus on the essential drivers, demand and supply - an obviously the freight rates that impacts us all.

Sand joined Xeneta after over a decade at BIMCO, where he was responsible for analysing commercial markets based on the global economic situation and its influence on trade. Prior to Sand’s Chief Shipping Analyst role at BIMCO, he worked with D/S NORDEN, a Danish shipping company operating in the dry cargo and tanker segments worldwide, as a Senior Analyst.

Throughout his career, Sand has been regarded for his widely read articles and industry insights, as well as his regular appearances on global news networks such as CNN, BBC, CNBC and Bloomberg.

He holds a Master’s in Economics from the University of Copenhagen.

Eager to share insights, Sand is also:

A widely used keynote speaker at shipping industry events. Setting the scene, with his perspectives on the global industry today and in future.

A former teacher of Maritime Economics at the Danish Shipping Academy as well as guest lecturer at

Copenhagen Business School - Blue MBA and Shipping bachelor.

Sessions With Peter Sand

Tuesday, 28 February

  • 04:00pm - 04:45pm (PST) / 01/mar/2023 12:00 am - 01/mar/2023 12:45 am

    Trade Lane Deep Dive: The Trans-Atlantic
    The trans-Atlantic has traditionally been a stable trade lane, and as the world finds its footing following the COVID-19 years, that reputation has not only remained intact, but it has been further entrenched. In 2022, the trans-Atlantic became the most profitable of the east-west trade lanes, according to Alphaliner, with sustained demand and elevated rates driving up the average per-mile revenue while the trans-Pacific and Asia-Europe routes struggled with fast-eroding volume and precipitous price declines. Heavy congestion at ports on both sides of the Atlantic was a feature of the trade lane throughout 2022, and the bottlenecks in North Europe and on the US East Coast remained deep into the fourth quarter, keeping ship utilization high and propping up rate levels. But the rally won’t last forever. Indeed, deteriorating economic conditions and rising inflation in the US are expected to put the brakes on demand, while port congestion will no longer delay vessels, and rates will fall. When trans-Atlantic demand and rates will return to normal — or what that normal will look like — is difficult to predict but few in the industry expect the bull run to extend deep into 2023.
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