Quarterly report pursuant to Section 13 or 15(d)

Accrued Liabilities and Other Payables

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Accrued Liabilities and Other Payables
3 Months Ended
Mar. 31, 2017
Accrued Liabilities and Other Payables [Abstract]  
ACCRUED LIABILITIES AND OTHER PAYABLES

NOTE 12 – ACCRUED LIABILITIES AND OTHER PAYABLES

 

At March 31, 2017 and December 31, 2016, accrued liabilities and other payables consisted of the following:

 

    March 31, 2017     December 31, 2016  
Accrued salaries and related benefits   $ 4,716,046     $ 4,126,938  
Fishing vessels construction payable     652,240       -  
Accrued interest due     213,793       92,329  
Other     175,229       180,269  
    $ 5,757,308     $ 4,399,536