Jesper Praestensgaard has been appointed chairman of the New York Shipping Exchange (NSHEX) in a series of changes to the board.
Praestensgaard spent 20 years at Maersk before a stint as chief commercial officer at Hapag-Lloyd. He has since taken on many board posts including at Unifeeder and as a founding board member at freight platform, NYSHEX. He takes over from Damco’s Jeremy Haycock as chair.
Other board changes at NYSHEX include the appointment of Maersk VP Peter Hildebrandt . The board of directors includes two shipper and two carrier representatives.
“New technologies are important to Maersk as we continue to innovate. What we like most about NYSHEX is their technology clearly benefits both shippers and carriers, and their governance structure ensures they stay focused on providing great technology and service to their shipper and carrier members,” Hildebrandt commented.
Founded in 2015, NYSHEX enables shippers and carriers to digitally contract vessel space, container equipment and fixed freight rates from one week up to six months in the future. NYSHEX technology then tracks each shipment to ensure the contract terms are fulfilled.