The day after shelling out for Nordic American Tankers stock, Herbjorn Hansson's son is buying another round.

Tuesday afternoon the company disclosed Alexander Hansson spent $113,500 on 50,000 shares at $2.27 a piece.

Monday, the shipping scion bought 100,000 shares of the company his father runs at $2.31.

In midday trading Tuesday, Nordic American Tankers shares were up just over a cent to $2.25.