Two Oslo-listed tanker owners have announced share incentives for bosses worth NOK 42m ($4m) in red-hot markets.

BW Group-owned product tanker giant Hafnia is handing out 1.35m stock options to chief executive Mikael Skov.

He is also getting 55,807 shares.

Skov now holds 2,730,264 share options and 826,468 shares.