ATTICA GROUP LAUNCHES THE FIRST ECOLOGICAL BIODEGRADABLE CARDS IN THE GREEK PASSENGER SHIPPING INDUSTRY

Attica Group is the first to introduce a new generation of ecological, biodegradable cards in the Greek passenger shipping industry, remaining faithful to its commitment to adopt environmentally sound practices and reduce its environmental footprint.

Wärtsilä launches major test programme towards carbon-free solutions with hydrogen and ammonia

Full-scale tests are being carried out by the Wärtsilä’s engine laboratory team in Vaasa to assess the optimum engine parameters for running on hydrogen and ammonia fuels. 

Pyxis Tankers Announces Closing of $6.17 Million Follow-on Public Offering of Convertible Preferred Shares

Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS, PXSAP, PXSAW) (the “Company” or “Pyxis Tankers”), an international pure play product tanker company, today announced the closing of its previously announced underwritten public offering (the “Offering”) of 308,487 shares of 7.75% Series A Cumulative Convertible Preferred Shares (the “Preferred Shares,” and each a “Preferred Share”) which trade on the Nasdaq Capital Market under the symbol “PXSAP,” at a purchase price of $20.00 per Preferred Share .

Pyxis Tankers received gross proceeds of approximately $6.17 million from the Offering, prior to deducting underwriting discounts and estimated offering expenses. The Company intends to use the approximately $5.56 million of the net proceeds from the Offering for general corporate purposes, including working capital and potential vessel acquisitions.

Each Preferred Share is convertible into the Company’s common shares at a conversion price of $1.40 per common share, or 17.86 common shares, at any time at the option of the holder, subject to certain customary adjustments. If the trading price of Pyxis Tankers’ common stock equals or exceeds $2.38 per share for at least 20 days in any 30 consecutive trading day period ending 5 days prior to notice, the Company can call for mandatory conversion of the Preferred Shares. Dividends on the Preferred Stock shall be cumulative and paid monthly in arrears starting August 20, 2021, to the extent declared by the board of directors of the Company. The Preferred Shares will not be redeemable until after October 13, 2023, except upon change of control.

ThinkEquity, a division of Fordham Financial Management, Inc., acted as sole book-running manager for the Offering.

The press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A registration statement relating to this Offering, including a final prospectus supplement, has been filed with the U.S. Securities and Exchange Commission (the “SEC”) pursuant to an effective shelf registration statement on Form F-3 (File No. 333-256167) and is available at the SEC’s website at http://www.sec.gov. The final prospectus supplement related to the Offering was filed with the SEC; copies of which may be obtained from ThinkEquity, a division of Fordham Financial Management, Inc., 17 State Street, 22nd Floor, New York, N.Y., 10004, by telephone at (877) 436-3673, by email at Αυτή η διεύθυνση ηλεκτρονικού ταχυδρομείου προστατεύεται από τους αυτοματισμούς αποστολέων ανεπιθύμητων μηνυμάτων. Χρειάζεται να ενεργοποιήσετε τη JavaScript για να μπορέσετε να τη δείτε..">Αυτή η διεύθυνση ηλεκτρονικού ταχυδρομείου προστατεύεται από τους αυτοματισμούς αποστολέων ανεπιθύμητων μηνυμάτων. Χρειάζεται να ενεργοποιήσετε τη JavaScript για να μπορέσετε να τη δείτε..

About Pyxis Tankers Inc.

We own a modern fleet of six tankers engaged in seaborne transportation of refined petroleum products and other bulk liquids. We are focused on growing our fleet of medium range product tankers, which provide operational flexibility and enhanced earnings potential due to their “eco” features and modifications. Pyxis Tankers is positioned to opportunistically expand and maximize the value of its fleet due to competitive cost structure, strong customer relationships and an experienced management team, whose interests are aligned with those of its shareholders. For more information, visit: http://www.pyxistankers.com. The information discussed contained in, or that can be accessed through, Pyxis Tankers Inc.’s website, is not incorporated into, and does not constitute part of this press release.

NEW HELLENIC SEAWAYS SCHEDULES FOR HIGHSPEED 4, HELLENIC HIGHSPEED AND FLYING CAT 3

Aiming at constant improvement of its services, Attica Group announces the new itineraries of high-speed vessels HIGHSPEED 4, HELLENIC HIGHSPEED and FLYING CAT 3 in the Aegean Sea, in order to provide passengers with even more travel options.

“Fit for 55” Statement by CLIA Europe

The “Fit for 55” package is a significant step towards the acceleration of the EU’s decarbonisation efforts. The cruise industry supports the long-term objectives of the EU Green Deal, and we are committed to pursuing net carbon neutral cruising in Europe by 2050.

Singapore tops international maritime centre rankings

The Xinhua-Baltic International Shipping Centre Development Index, published by Chinese news agency, Xinhua, and global maritime data provider, the Baltic Exchange, has ranked Singapore as the top global shipping centre for the eighth year running.