Axia Capital Markets has appointed a new vice president to helm the investment bank's shipping practice after the departure of its previous analyst.

Clinton Webb joins Axia from Toronto, Canada-based investment bank GMP Securities. There, he had coverage responsibility for some 20 shipping companies across an array of dry bulk, LNG, oil and product tanker sectors.

Prior to GMP Securities, Webb worked in equity research at New York-based capital advisory Stephens, where he covered 35 companies primarily in the energy sector.