Shares of NJTC, a subsidiary of state-owned Sinotrans & CSC, had been suspended since 22 April.
NJTC posted a 2012 full year net loss of RMB1.24bn ($200.58m), deepening from a loss of RMB754.17m in 2011. It had also recorded a loss of RMB18.59m in 2010.
However, the company has indicated it plans to return to the Shanghai bourse once it has recomposed its operations and strengthen its balance sheets.
Some of its cost cutting measures include slow steaming its VLCC and MR tankers, reducing bunker fuel bills, and streamlining its operations in general.
At at the end of 2012, NJTC operated a fleet of 85 vessels with a total tonnage of 7.35m dwt. The company aims to generate a revenue of RMB7.56bn in 2013.
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