Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Tables)

v3.7.0.1
Property, Plant and Equipment (Tables)
3 Months Ended
Mar. 31, 2017
Property, Plant and Equipment [Abstract]  
Scheduled of property, plant and equipment
    Useful life     March 31, 2017     December 31, 2016  
Fishing vessels     10 - 20 Years     $ 153,791,784     $ 122,989,702  
Vehicles     5 Years       122,135       121,472  
Office and other equipment     3 – 5 Years       425,312       423,001  
Construction-in-progress     -       -       18,754,740  
              154,339,231       142,288,915  
Less: accumulated depreciation             (22,288,957 )     (20,092,321 )
            $ 132,050,274     $ 122,196,594