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Pyxis Tankers to sell oldest vessel for $37M, gaining $21M to fund fleet renewal.

Company Fundamentals
12 Nov 2026, 23:15 WIB
GlobeNewsWire
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Bullish
Pyxis Tankers to sell oldest vessel for $37M, gaining $21M to fund fleet renewal.

Pyxis Tankers Inc. announced it will sell its oldest vessel, Pyxis Karteria, for $37 million, generating an estimated gain of $21 million or $2.05 per share. The sale will occur in Q4 2026, with net cash proceeds of about $25.9 million after debt repayment and expenses. This transaction supports the company's plan to expand and renew its fleet by acquiring younger vessels with better earnings potential. The company aims to drive long-term growth in earnings and net asset value per share through disciplined fleet management.

Pyxis Tankers' sale of Pyxis Karteria is the subject, with market data provided for context. For readers following Industrials-sector US stocks on Pluang, 34 out of 135 stocks rose and 101 fell. Notable movers include BYRN at USD 3.89 with a 1-day change of -6.71%, FCEL at USD 10.25 down 6.37%, and JBLU at USD 3.78 down 5.97%. This data is as of Nov 13, 2026 04:11 WIB.

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