We are an international shipping company which currently owns and operates a modern fleet of eco-efficient mid-sized vessels consisting of product tankers and dry bulk carriers engaged in the seaborne transportation of refined petroleum products and bulk commodities. The average age of our fleet is approximately 3 years less than industry averages. We are focused on medium range (“MR2”) product tankers and 46-84 dwt bulkers, which provide operational flexibility and enhanced earnings potential due to their “eco” features. Our tanker fleet consists of three MR2s with an average age of 10.2 years as of November 20, 2024. In addition, we hold 60% equity interests in two related-party joint ventures, which own modern Ultramax and Kamsarmax (“Kmax”) carriers, and 100% ownership of Kmax, all of which move a broad range of dry bulk commodities. As of November 20th, the average age of our bulkers was 9 years. We are well-positioned to opportunistically expand in both the product tanker and dry bulk sectors and maximize the value of our fleet due to our strong customer relationships, significant capital resources, competitive cost structure and experienced management team and founder, whose interests are squarely aligned with other shareholders. Our common shares are listed on the NASDAQ Capital Markets under the trading symbol “PXS.”