Quarterly report pursuant to sections 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT, NET (Details)

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PROPERTY, PLANT AND EQUIPMENT, NET (Details) (USD $)
9 Months Ended 12 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Property, Plant and Equipment, Net $ 66,979,281 $ 37,141,906 [1]
Merchant Supreme Co Ltd [Member]
   
Property, Plant and Equipment, Gross 70,668,974 38,506,079
Less: Accumulated depreciation (3,689,693) (1,364,173)
Property, Plant and Equipment, Net 66,979,281 37,141,906
Merchant Supreme Co Ltd [Member] | Externally Purchased Fishing Vessels [Member]
   
Property, Plant and Equipment, Gross 61,807,621 20,934,880
Merchant Supreme Co Ltd [Member] | Office and Other Equipment [Member]
   
Property, Plant and Equipment, Gross 140,564 134,684
Merchant Supreme Co Ltd [Member] | Fishing Vessels Under Construction [Member]
   
Property, Plant and Equipment, Gross $ 8,720,789 $ 17,436,515
[1] Represents the consolidation retrospectively restated as if Pingtan Marine Enterprise Ltd. (formerly known as China Growth Equity Investment Limited) completed its merger with China Dredging Group Co., Ltd. and the share purchase of Merchant Supreme Co., Ltd. on January 1, 2012 rather than on February 25, 2013. Assets and liabilities of discontinued operations are retrospectively restated as of December 31, 2012 after taking into account of the Group’s plan to sell China Dredging Group Co., Ltd. and its subsidiaries to the Company’s Chairman, CEO and major shareholder, Mr Xinrong Zhuo.