46,652-ton Pyxis Karteria tanker is part of Pyxis Tankers fleet

Key Facts

Available information identifies Pyxis Karteria as an MR-class product tanker with a deadweight capacity of 46,652 tons, built in 2013 by Hyundai Mipo, according to an EL7 brief on a statement dated November 12, 2026. However, the available evidence does not reliably verify an agreement to sell the tanker, its price or the expected gain. The figures circulating in the headline therefore cannot be attributed to the available statement. The vessel’s specifications remain basic information for understanding the asset covered by the report. The evidence also does not include documented conditions for completing any deal or a date for transferring ownership.

In earlier financial disclosures, Pyxis Tankers said its total liquidity was about $103 million as of June 30, 2026. The amount comprised $58.2 million in cash and cash equivalents, plus $45.0 million available and undrawn under a committed acquisition facility, according to the company’s disclosure via GlobeNewswire. Those figures are as of the end of June and do not update the company’s liquidity position on the date of the November statement. In the same earnings announcement, the company said its liquidity and lower net leverage gave it flexibility to pursue growth opportunities it considered attractive. It added that it would continue to exercise discipline in capital allocation.

According to a disclosure dated August 31, 2026, the company’s fleet comprised three MR tankers and three dry bulk vessels, with Pyxis Karteria among its tankers. In the second quarter of 2026, the average time charter equivalent (TCE) rate for MR tankers was about $21,899 per day, up 5.9% from $20,686 in the corresponding period of 2025. The company recorded net revenues of $12.1 million in the quarter, up 32.6% from $9.2 million a year earlier. It also posted net income attributable to common shareholders of $2.8 million, compared with a net loss of $2.0 million in the second quarter of 2025. These results place the tanker within the company’s operations but do not establish its sale proceeds or financial impact.

The 2025 results provide a different backdrop to the improvement in the second quarter of 2026: annual net revenues fell 24.3% to $39.0 million from $51.5 million in 2024. The average TCE rate for MR tankers also declined to $21,469 per day in 2025 from $29,289 the previous year. In its August disclosure, the company said about 87% of available fleet days in the third quarter of 2026 were covered by contracts, at an estimated average rate of about $22,250 per day. All MR tankers and dry bulk vessels were chartered under short- and medium-term contracts, according to the same disclosure. These figures describe fleet performance and contracts in earlier periods; they do not confirm the terms of a Pyxis Karteria sale.

In October 2026, Pyxis announced a new 24-month charter for the tanker Pyxis Lamda, with a 30-day allowance, at a gross rate of $31,000 per day. The company said the contract reflected a strong tanker market and provided greater visibility into future cash flows and earnings. For Pyxis Karteria, an August disclosure said the next maturity of its associated loan was scheduled for September 2028 and included a total principal payment of $8.6 million. The available evidence does not say whether the tanker sale was completed or how it would affect that loan. Any assessment of the deal’s impact on liquidity or fleet structure depends on documented details that are not provided here.

PXS shares closed at $5.7 on November 11, 2026, according to EL7 data. That price was from the session before the November 12 statement, and the evidence does not include a later share price or trading after the announcement. It also provides no documented information about the market’s reaction to the sale news. Based on the available evidence, the confirmed picture is limited to the tanker’s specifications and the fleet, results and liquidity background the company disclosed in earlier periods. The deal details and figures cannot be established from the material provided.