Pyxis Tankers Inc (NASDAQ:PXS) chairman and CEO Valentios (Eddie) Valentis and chief financial officer Henry Williams tell Proactive's Stephen Gunnion that fundamentals for the tanker sector remain solid despite macro-economic headwinds.
Valentis says the market is likely to remain strong for the foreseeable future due to 'substantial' demand for refined petroleum products - while orders for product tankers is at a historical low.
A post-Covid improvement in transportation activity for fuels including diesel, gasoline and jet fuel has also lent support, Williams added.
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