Pyxis Tankers has acquired a seventh product tanker from a private affiliate following a loss-making third quarter but amid a better outlook for fixtures.

Pyxis contains loss and sees tough going ahead for product tankers
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The New York-listed owner is splashing out $32m for the 50,300-dwt MR Pyxis Lamda (built 2017) from an affiliate controlled by chief executive Valentios "Eddie" Valentis.