Growing Norwegian containership freight rate benchmarking group Xeneta has recruited high-profile shipping analyst Peter Sand.

Sand is swapping his chief shipping analyst role at Denmark-based shipowners' organisation Bimco to become chief analyst at Xeneta. He will start on 1 November.

The appointment comes hot on the heels of the market analytics platform and container shipping index's successful closing of a $28.5m fundraising round.

Xeneta chief executive Patrik Berglund said his company is excited to welcome a "seasoned professional" with extensive knowledge of and a successful track record in shipping and logistics.