Pyxis Tankers Inc. (NasdaqCM:PXS) is look for acquisitions. Valentios Valentis, Chairman and Chief Executive Officer said, "The developments support a constructive outlook for product tanker chartering. In light of this, we continue to consider the purchase of modern acquisition demand.

We are always looking for economically viable acquisitions and in the meantime, to further improve our balance sheet and for limited extent repurchase common shares".