rss icon Subscribe
desktop mobile

Pyxis Tankers Sells MR2 Ship Pyxis Delta

Image: Pyxis Tankers

Laxman Pai

Greek pure play product tanker company announced that it has completed the sale of the Pyxis Delta, a 2006-built 46,616 dwt product tanker.

The maritime transportation holding company said in a press note that the sale proceeds will be used to repay outstanding indebtedness secured by the vessel and for general corporate purposes.

Valentios Valentis, our Chairman and CEO said: "This transaction furthers our operating strategy to focus on modern eco-MR tankers and reflects a more efficient allocation of capital resources to improve our financial condition. We are well-positioned to generate significant cash flows from an improving market primarily due our staggered time charters and our continued cost discipline."

Valentios added: "We continue to be optimistic about the prospects for the product tanker sector, and this sale enhances our financial flexibility to take advantage of potential growth opportunities."

Pyxis Tankers currently owns a modern fleet of five tankers engaged in seaborne transportation of refined petroleum products and other bulk liquids.

Jan 15, 2020

 

People & Company News

New LNG Bunkering & Fuel Supply System Simulator

Photo: Wärtsilä

Wärtsilä has launched a new LNG Bunkering & Supply System simulator. The simulator will promote

SAAM Acquires Intertug

Image: Sociedad Matriz SAAM S.A

Chilean logistics company SAAM has struck a deal to buy Intertug Investment Holding

29,476 Vessels Arrive at Rotterdam Port

Photo: Kees Torn

2019 was a relatively safe year for shipping in the port of Rotterdam. Over the past year

Ship Sales

DMA Sells an Inspection Ship

Image: Danish Maritime Authority

The Danish Maritime Authority, a government agency of Denmark that regulates maritime affairs

Safe Bulkers Sells, Leasebacks 8 Vessels

Image: Safe Bulkers

The Monaco-headquartered provider of marine drybulk transportation services Safe Bulkers Safe

Ezion Sells Offshore Vessel to Astro

Teras Genesis. Image: Ezion Holdings

Singapore’s troubled liftboat operator Ezion Holdings has signed a memorandum of agreement to sell

Maritime Apps