A strong tanker market and a growing gas fleet catapulted Sovcomflot to a stronger full-year profit.
The Russian owner, a long-term IPO candidate, recorded net income of $354.5m in 2015, beating the $83.9m seen in 2014.
Sovcomflot saw revenue rise by almost 8% to $1.48bn, while its overall divided was more than doubled to $20.5m.
Sergey Frank, president and chief executive of Sovcomflot, said in a statement: “We are very pleased with our results for 2015, which have exceeded our expectations.
“Significantly,