Bank of America Securities managing director Ken Hoexter is not the most high-profile shipping analyst out there, but he's always been around the top group of maritime researchers as determined annually by voting in Institutional Investor magazine.

This is the year Hoexter made it out of the bridesmaid category, ascending to the top of the Institutional Investor results that were distributed this week.

The Bank of America veteran dethroned Evercore ISI analyst Jonathan Chappell, who had seized the title for the first time last year after himself falling just short in previous voting.