Pyxis Tankers (NASDAQ:PXS) (NASDAQ: PXS) is a global shipping company specializing in the transportation of refined petroleum products. Incorporated in the Republic of the Marshall Islands in 2015, the company commenced operations in 2017 following its initial public offering on the Nasdaq Stock Market. Pyxis Tankers has positioned itself in the product tanker sector by acquiring and operating modern double-hulled vessels designed for safe and efficient carriage of clean petroleum cargoes.
The core business of Pyxis Tankers centers on medium-range (“MR”) and LR1 product tankers that carry refined petroleum cargoes, including gasoline, diesel, jet fuel and naphtha. The company employs a flexible commercial strategy, deploying its fleet across spot markets, time-charter agreements and pool arrangements to meet the requirements of oil majors, commodity traders and independent refiners. Pyxis Tankers manages technical operations in-house, covering crewing, maintenance and compliance with international safety and environmental standards.
Since inception, the company has steadily expanded its fleet with purpose-built double-hull newbuildings, incorporating design features to improve fuel efficiency and reduce emissions. All vessels are outfitted to comply with International Maritime Organization regulations, including ballast water treatment systems and exhaust gas cleaning, in line with the IMO 2020 sulphur cap. This focus on environmental performance supports Pyxis Tankers’ commitment to operational excellence and regulatory compliance.
Pyxis Tankers serves key trade routes in the Atlantic, Mediterranean, Caribbean and Asia-Pacific regions, offering flexible shipping solutions in major oil trading hubs. Headquartered in Athens, the company maintains commercial offices in London and Singapore to support its global customer base. The executive leadership team combines decades of experience in maritime operations, chartering and finance, guiding Pyxis Tankers’ growth and ensuring high standards of safety and service delivery.
