Pyxis Tankers Inc., a growth-oriented pure play product tanker company, announced that its Annual Report on Form 20-F for the year ended December 31, 2021 has been filed with the Securities and Exchange Commission and can be accessed on its website, www.pyxistankers.com. Alternatively, shareholders may also request a hard copy of the annual report containing its audited financial statements, free of charge, by contacting the company.
As of March 31, 2022, the shipping company had three vessels trading in the spot market and two employed under short-term time charters. As of the same date, Pyxis Tankers booked approximately 40% of its available days for the second quarter ending June 30, 2022, at an average estimated TCE daily rate of approximately $17,300 for its tankers.
The tanker company owns a modern fleet of five tankers engaged in seaborne transportation of refined petroleum products and other bulk liquids. It is focused on growing its fleet of medium range product tankers, which provide operational flexibility and enhanced earnings potential due to their “eco” features and modifications. Pyxis is positioned to opportunistically expand and maximize its fleet due to competitive cost structure, strong customer relationships and an experienced management team whose interests are aligned with those of its shareholders.
