Pyxis announce Q2 2023 results

Industry Discussions Shipping News
1

Pyxis Tankers announced Q2 2023 results

  • Rev of $9.5M
  • Net income of $2.8M
  • TCE of $25K daily - good for the vessel category.
  • PXS is participating in a JV involved in acquiring an Eco-build 2016 Ultramax.

Pyxis Tankers Announces Financial Results for the Three Months Ended June 30, 2023 and Investment in Drybulk Joint Venture (yahoo.com)

With 4 vessels, PXS is quite small. A lot of that has to do with PXS selling some of their tankers. Trimming their fleet when vessel prices were moving higher makes sense. Jumping into a new sector - not so sure

1 Like