The New Adventures of Captain Vrungel (1978)

http://www.imdb.com/title/tt0167313/

Novye priklyucheniya kapitana Vrungelya / The New Adventures of Captain Vrungel / Новые приключения капитана Врунгеля

Director: Gennadi Vasilyev
Stars: Mikhail Pugovkin, Zura Qapianidze, Vladimir Basov, Arkadi Markin, Saveliy Kramarov

Adventures of a Captain, who never existed. 
Based on the novel "Adventures of Captain Vrungel" by Andrey Nekrasov. The extraordinary adventures of schoolboy Vasya Lopotukhin aboard the yacht of the famous Captain Vrungel and his cheerful first mate Lom. The dashing crew investigates the mystery of the Bermuda Triangle, braves hurricanes and storms, fights with Fierce Harry and the band of his cutthroats; coming next is solving the mystery of Atlantis...

USSR
Russian, with English subs (.srt)

AVI 698 Mb 1:16:30
576x432 (1.33:1), 25 fps, XviD MPEG-4 ~1138 kbps avg, 0.18 bit/pixel
48 kHz, MPEG Layer 3, 2 ch, ~128.00 kbps avg 

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http://www.opensubtitles.org/en/subtitles/5115113/novye-priklyucheniya-kapitana-vrungelya-en