A member of Okeanis Eco Tankers’ controlling family has handed a chunk of his stock to relatives as a gift.

A filing to the Oslo bourse reveals that Themistoklis Alafouzos’ Hospitality Assets Corp transferred 556,500 shares to unnamed members of his family on Wednesday.

Described as an adviser to the New York and Oslo-listed VLCC and suezmax company, Themistoklis is the brother of founder and chairman Ioannis Alafouzos.