# Okeanis Eco Tankers

Okeanis Eco Tankers is an Asset Manager based in Athens, Greece.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Athens, Greece
- **Region:** Europe
- **Address:** Athens, Greece
- **Founded:** 2018
- **Assets under management:** Undisclosed
- **Website:** okeanisecotankers.com
- **LinkedIn:** https://www.linkedin.com/company/okeanisecotankers

## Regulatory record

- **Reports private funds:** No

## About

Okeanis Eco Tankers Corp (“OET” or “the Company”) is the only publicly listed pure ECO, scrubber fitted tankers international platform engaged in the ocean transportation of crude oil and refined products. OET owns, through its vessel-owning subsidiaries, a fleet of fourteen tanker vessels, six modern Suezmax tankers and eight modern VLCC tankers.

## Sectors

- Energy Transition & Renewables
- Mobility & Transportation
- Infrastructure

## People

- Ioannis Alafouzos — Chairman
- Aristidis Alafouzos — Chief Executive Officer

## Questions

### What makes the Okeanis fleet structurally different from older tanker tonnage?

Every vessel in the Okeanis fleet was delivered between 2018 and 2021 and is equipped with exhaust-gas scrubbers. This modern eco-design meets IMO 2020 sulfur caps and the Energy Efficiency Design Index, giving the ships a fuel-cost advantage when high-sulfur fuel oil trades at a discount to compliant low-sulfur fuel. Older fleets without scrubbers or with lower efficiency ratings face higher operating costs and increasing regulatory pressure.

### How does Okeanis Eco Tankers reward public shareholders?

The company pays a variable quarterly dividend tied to operating cash flows, and the board has periodically authorized share repurchase programs. For example, in February 2025 the firm declared a $0.45 per-share dividend and announced a buyback initiative. This reflects a deliberate policy of returning capital to minority shareholders alongside the family's controlling interest.

### Is Okeanis a diversified shipping company or a pure-play tanker firm?

Okeanis Eco Tankers is a pure-play crude-tanker company. The fleet consists exclusively of scrubber-fitted VLCCs and Suezmaxes. It does not own product tankers, chemical carriers, container ships, or dry-bulk vessels. The broader Alafouzos group has separate exposure to other shipping segments, but Okeanis itself is narrowly focused on the large crude-carrier market.

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Last updated: 2026-06-03T20:00:00.000Z

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