Maxim Group has taken a step back from shipping but has not outright left the sector.
The investment firm will continue to keep an eye on Stamatis Tsantanis-led Seanergy Maritime Holdings after dropping four other stocks also followed by departed analyst James Jang.
Maxim last week confirmed dispatch of DHT Holdings, Genco Shipping & Trading, Nordic American Tankers and StealthGas a few days after parting with Jang.