{"id":34372,"date":"2023-07-31T19:56:32","date_gmt":"2023-07-31T16:56:32","guid":{"rendered":"https:\/\/www.al-sindbad.net\/pyxis-tankers-ventures-into-dry-bulk\/34372\/"},"modified":"2023-07-31T19:56:32","modified_gmt":"2023-07-31T16:56:32","slug":"pyxis-tankers-ventures-into-dry-bulk","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/pyxis-tankers-ventures-into-dry-bulk\/34372\/","title":{"rendered":"Pyxis Tankers ventures into dry bulk"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>Greek product tanker pure-play Pyxis Tankers is moving into the dry bulk sector in a joint venture with its chairman and chief executive Valentios Valentis.<\/p>\n<p>The Nasdaq-listed company said its board unanimously approved a $6.8m equity investment in a newly formed company, which has agreed to acquire a 2016 Japanese-built 63,520 dwt ultramax from an unaffiliated third party.<\/p>\n<p>Pyxis Tankers will own 60% of the jv with Valentis holding the remaining 40%. The unnamed ship will be scrubber-fitted with four cargo cranes and a ballast water treatment system and cost about $28.5m.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>The company, which operates four modern eco MRs, said it expects to finance the deal, expected to close by late August, via a five-year $19m loan. The new addition will be managed by Valentis-affiliated Konkar Shipping Services.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n<div class=\"stream-item-size\" style=\"\">\n\t    <!-- \/91333190\/SPLASH247_*_Splash247_Article_*_Strip_Slot_*_2 --><\/p>\n<div id=\"div-gpt-ad-1_95_0_1_2\">\n<script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });\n<\/script>\n<\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\"><span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/greece\/\" rel=\"tag\">Greece<\/a><\/span><\/div>\n<\/p><\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greek product tanker pure-play Pyxis Tankers is moving into the dry bulk sector in a joint venture with its chairman and chief executive Valentios Valentis. The Nasdaq-listed company said its board unanimously approved a $6.8m equity investment in a newly formed company, which has agreed to acquire a 2016 Japanese-built 63,520 dwt ultramax from an &hellip;<\/p>\n","protected":false},"author":1,"featured_media":34373,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[],"class_list":["post-34372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tanker-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/34372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=34372"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/34372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/34373"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=34372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=34372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=34372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}