Net earnings were QAR 1.05bn ($288m), against QAR 950m for 2013.

Revenue rose to QAR 2.63bn versus QAR 2.3bn.

Directors are recommending a 55% cash dividend equivalent to QAR 5.5 per share.

The owner said the gas and tanker segment had an “extremely strong year” as VLGC rates hit record highs and products tankers posted much higher profit due to better freight rates.