Pyxis Tankers Secures Two-Year Charter for MR Tanker at $31,000 Daily Rate

Key Facts

1Pyxis Tankers agreed to a 24-month time charter for its MR product tanker Pyxis Lamda with CITGO Petroleum.

2The gross daily rate for the new time charter is set at $31,000.

Pyxis Tankers agreed to a 24-month time charter for its MR product tanker Pyxis Lamda with CITGO Petroleum. GlobeNewswire reported that the gross daily rate for the new charter is set at $31,000, covering a two-year period for the 2017-built vessel.

PXS closed at $7.91 on October 5, 2026, with the stock reaching a day high of $8.19 and a low of $7.80 during that session. The agreement is intended to provide the shipping company with stable cash flow and increased revenue visibility over the next two years at a fixed market rate.