Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Tables)

v3.19.3
Property, Plant and Equipment (Tables)
9 Months Ended
Sep. 30, 2019
Property, Plant and Equipment [Abstract]  
Schedule of property, plant and equipment
    Useful life   September 30,
2019
    December 31,
2018
 
Fishing vessels   10 - 20 Years   $ 298,220,249     $ 203,057,291  
Vehicles   5 Years     21,528       22,186  
Office and other equipment   3 – 5 Years     421,314       423,259  
Construction-in-progress   -     19,033,223       31,044,006  
          317,696,314       234,546,742  
Less: accumulated depreciation         (41,545,213 )     (34,975,317 )
        $ 276,151,101     $ 199,571,425