One of London’s few listed shipowners announced the change a week after Panmure Gordon bought the brokerage business.

Hellenic, which floated in London in late 2007, has a fleet of five bulkers in the water.

Peter Ashworth of Charles Stanley was the only analyst following the company, according to Hellenic’s website.

Panmure paid £1.5m in cash for Charles Stanley Securities with deferred payments potentially pushing the the fee up to £5m.