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Wed, May

Chances to expand tanker and bulker fleet, Pyxis Tankers boss says

Chances to expand tanker and bulker fleet, Pyxis Tankers boss says

TradeWinds
Chances to expand tanker and bulker fleet, Pyxis Tankers boss says

Nasdaq-listed Pyxis Tankers is expecting to soon be able to boost its wet and dry fleet.

The Greek owner's chief executive Valentios “Eddie” Valentis said in the company’s first quarter report: “We believe there will be compelling opportunities in the near future to expand our fleet of mid-sized, modern eco-efficient vessels in both the product tanker and dry-bulk sectors.”

Until then, Pyxis will continue to use cash flow to further enhance balance sheet liquidity, pay off scheduled debt and maintain the strong technical and commercial performance of the six existing ships, he explained.

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