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News 2026-10-13 12:15 UTC

Pyxis Tankers to buy remaining 40% stake in Ultramax bulker Ormi

Pyxis Tankers agreed to buy the remaining 40% stake in the entity that owns the Ultramax dry bulk vessel Ormi. Deal would lift ownership to 100%, simplifying the structure. * Purchase price set at the seller’s share of net appraised equity value, based on an average vessel valuation of USD 32.08 million. Transaction im