A second investment bank has parted ways with its shipping analyst and apparently dropped coverage of the sector in a climate of scarce deals and struggling shares.
The Maxim Group has let go of analyst James Jang just weeks after Seaport Global Securities split with Houston-based analyst Magnus Fyhr, sources told TradeWinds.
Jang had been writing research notes on companies including DHT Holdings, Eagle Bulk, Genco Shipping & Trading and Navigator Gas with the last coverage seen last week.
