Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Tables)

v3.4.0.3
Property, Plant and Equipment (Tables)
3 Months Ended
Mar. 31, 2016
Property, Plant and Equipment [Abstract]  
Scheduled of property, plant and equipment

    Useful life   March 31,
2016
    December 31, 2015  
Fishing vessels   10 - 20 Years   $ 108,725,001     $ 108,182,380  
Vehicles   5 Years     130,686       129,824  
Office and other equipment   3 – 5 Years     1,223,762       1,215,692  
Construction-in-progress         10,816,249       -  
          120,895,698       109,527,896  
Less: accumulated depreciation         (16,756,083 )     (14,972,782 )
        $ 104,139,615     $ 94,555,114