- Pyxis Tankers has taken delivery of the Pyxis Karteria, a medium range product tanker of 46,652 dwt built in 2013 at Hyundai Mipo shipyard in South Korea.
- The purchase was funded by a combination of cash and a $13.5 million bank loan.
Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an international pure play product tanker company, announced that it took delivery of the Pyxis Karteria, a medium range product tanker of 46,652 dwt built in 2013 at Hyundai Mipo shipyard in South Korea, pursuant to the previously announced transaction of April 29, 2021, reports Pyxis Tankers.
Tanker Purchase
The purchase of the ship from Singapore’s Marex Maritime was funded by a combination of cash and a $13.5m bank loan that matures in seven years and is secured by the vessel, which was formerly called Marex Express.
It is anticipated that the tanker will be chartered in the spot market over the short-term.
Pyxis Tankers CEO’s Address
Valentios Valentis, chairman and CEO of Pyxis Tankers, said: “We are pleased to announce the successful delivery of the Pyxis Karteria, which increases our fleet to a total of six vessels including four modern eco- MR2s. The addition of this quality vessel to our fleet positions our company to take advantage of an anticipated improving chartering environment, potentially starting later this year. We hope to consider other acquisition opportunities in the near future”.
Preferred Shares Fund
New York-listed Pyxis raised $6.17m last week via another round of preferred shares.
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Source : Pyxis Tankers
