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Low MR Charter Rates Hurt Pyxis Tankers' Earnings


Due to lower MR charter rates, Pyxis Tankers ended Q2 2018 with a widened net loss.

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Pyxis Expects Modest Upward Trend in Chartering

Pyxis Tankers: Chartering activity to remain choppy, but with a modest upward trend in 2018.

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Pyxis Tankers Refinances USD 26.9 Mn of Loans

Pyxis Tankers has refinanced USD 26.9 million of outstanding loans on three of its product tankers.

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Pyxis Tankers Arranges USD 4.8 Million Private Placement

Pyxis Tankers has arranged a USD 4.8 million private placement in an effort to improve its financial structure.

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Pyxis Tankers Stays in the Red

Greece-based product tanker company Pyxis Tankers suffered a net loss of USD 0.8 million in the second quarter of ...

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Product Tanker Sector: The Safest Bet Are MRs

Medium ranged product tankers (MRs) are definitely the workhorses of the product tanker shipping industry, being ...

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Pyxis Tankers Pushes One-Third of Debt Repayment to 2022

Greece-based Pyxis Tankers has reached a preliminary agreement with one its lenders to extend the maturity of the ...

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Poor Chartering Market Pushes Pyxis Tankers to Loss

Having faced dire conditions in the chartering market, Greek product tanker company Pyxis Tankers suffered a ...

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Pyxis Tankers Obtains Nasdaq Compliance Again

The Greece-based product tanker company Pyxis Tankers Inc. has regained compliance with the Nasdaq’s ...

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