Greek Pyxis Tankers, a shipowner of product tankers, offloaded its 2015-built MR product tanker Pyxis Epsilon.

The Nasdaq-listed Pyxis completed the sale of the 50,295-dwt ship and now the owner received approximately $26.8m in net cash proceeds, after repayment of a loan secured by the vessel and associated transaction costs.

The shipowner currently owns a modern fleet portfolio of three product tankers engaged in seaborne transportation of refined petroleum products, and other bulk liquids, as well as a controlling interest in a single ship drybulk joint venture.

“The company is positioned to opportunistically expand and maximize our fleet due to significant capital resources,” said the Greek owner.

Meanwhile, Castor Maritime led-by Petros Panagiotidis, sealed a deal to sell its 2006-built capesize bulk carrier vessel, for a price of $17.4m.

The vessel Magic Orion will be sold to an undisclosed buyer, but the Limassol-based diversified shipping company reported yesterday that the sale agreement is with an unaffiliated third party.

The vessel is expected to be delivered to its new owner by the end of the first quarter of 2024.

The company expects to record during the first quarter of 2024 a net gain of approximately $2m from the sale of Magic Orion, excluding any transaction related costs.

Furthermore, the company on December 14 completed the previously announced sale of the 2009-built kamsarmax bulk carrier, Magic Argo, for a price of $15.75m, by delivering the vessel to its new owner.

Castor expects to record during the fourth quarter of 2023 a net gain of around $3m from the sale of the Magic Argo, excluding any transaction-related costs.