The VLCC owner said it could post net earnings of CNY 250m ($40.33m) to 30 June.
This compares to a loss of CNY 137.5m a year earlier.
China Merchants Energy Shipping (CMES) is expecting to return to profit for the first half of 2014.
The VLCC owner said it could post net earnings of CNY 250m ($40.33m) to 30 June.
This compares to a loss of CNY 137.5m a year earlier.