Quarterly report pursuant to sections 13 or 15(d)

INVENTORIES

v2.4.0.8
INVENTORIES
6 Months Ended
Jun. 30, 2013
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]
 
 8.
INVENTORIES
 
Inventories as of June 30, 2013 and December 31, 2012 consisted of the following:
 
China Dredging
 
 
 
June 30, 2013
 
December 31, 2012
 
 
 
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
Consumable parts
 
$
5,104,738
 
$
5,029,653
 
 
Merchant Supreme
 
 
 
June 30, 2013
 
December 31, 2012
 
 
 
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
Frozen fish and marine catches in warehouse
 
$
2,239,590
 
$
161,484
 
Frozen fish and marine catches in transit
 
 
-
 
 
32,847
 
 
 
$
2,239,590
 
$
194,331