Pyxis Tankers agrees to sell Pyxis Karteria tanker for $37 million

• Pyxis Tankers agreed to sell its oldest vessel, the Pyxis Karteria product tanker, to an unaffiliated buyer for $37 million.
• The sale is expected to generate a one-time gain of approximately $21 million, or $2.05 per share.
• Delivery is expected between November 20 and December 20, 2026, with the gain recognized in the fourth quarter.
• Net cash proceeds are estimated at $25.9 million following repayment of approximately $10.7 million in vessel debt and transaction expenses.
• The proceeds will support fleet expansion and renewal, targeting younger vessels with more attractive purchase prices relative to expected earnings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pyxis Tankers Inc. published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.