Capital Product Partners saw fourth-quarter and full-year 2015 net income rise thanks to the strength in the tanker markets.

Net income for the fourth-quarter was 12% higher at $15.3m while full-year net income came in 26% higher at $55.4m. However, quarterly earnings per share of $0.11 missed analysts estimates by a penny.

The Evangelos Marinakis-backed company said the product tanker market saw “solid rates” in the just completed quarter, albeit down from the third quarter.