Pyxis Tankers Announces Date for the Release of Three and Six Months Ended June 30, 2018 Results and Related Conference Call and Webcast

MAROUSSI, GREECE - August 6, 2018 - Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an emerging growth pure play product tanker company, today announced the following:

Date of Earnings Release. We will issue our unaudited results for the three and six months ended June 30, 2018 before the market opens in New York on Friday, August 10, 2018. We will host a conference call to discuss the results at 9:00 a.m. Eastern Time that same day.

Conference Call details: Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 (866) 819-7111 (from the US), 0(800) 953-0329 (from the UK) or (+44) (0) 1452 542 301 (Standard International Dial In). Please quote "Pyxis Tankers."

A telephonic replay of the conference call will be available until Friday, August 17, 2018. The United States replay number is 1 (866) 247-4222; from the UK 0(800) 953-1533; the standard international replay number is (+44) (0) 1452 550 000 and the access code required for the replay is: 5478965#.

Webcast:

A live webcast of the conference call will be available through our website ( http://www.pyxistankers.com ) under our Events & Presentations page.

Webcast participants of the live conference call should register on the website approximately 10 minutes prior to the start of the webcast and can also access it through the following link:

https://event.on24.com/wcc/r/1773410/8B3933BD...226B770427

An archived version of the webcast will be available on the website within approximately two hours of the completion of the call.

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. We are positioned to opportunistically expand and maximize our 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.co m .

Company Pyxis Tankers Inc. 59 K. Karamanli Street Maroussi 15125 Greece info@pyxistankers.com

Visit our website at www.pyxistankers.com

Company Contact Henry Williams Chief Financial Officer Tel: +30 (210) 638 0200 / +1 (516) 455-0106 Email:  hwilliams@pyxistankers.com

Source: Pyxis Tankers Inc.