Pyxis Tankers reported a narrower fourth-quarter loss amid a still challenged market for medium-range tankers. But the New York-listed company remains more hopeful on the second half of the year.
The Eddie Valentis-led owner reported a $1.4m loss for the quarter, translating to a $0.08 per share loss.
The loss was below Maxim Research Group's $0.02 per share loss estimate, on higher than expected voyage expenses.
