Financial Ports

Pyxis buys out CEO’s stake in ultramax bulker for $6.8m—here’s why

CLAVE 1 / 4Pyxis Tankers has agreed to acquire the remaining 40% stake in its ultramax bulker Konkar Ormi from a company linked to its CEO, Eddie Valentis.

CLAVE 2 / 4The $6.83m deal, expected to close by the end of October, will give Pyxis full ownership of the 2016-built vessel.

CLAVE 3 / 4The scrubber-fitted bulker, valued at $32.08m, was originally acquired in October 2023 through a joint venture with Valentis.

CLAVE 4 / 4Pyxis currently operates three bulk carriers alongside three MR product tankers, marking its expansion into dry bulk since 2023.

Lee la noticia completa con todos los detalles

Leer el artículo