Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Tables)

v3.5.0.2
Property, Plant and Equipment (Tables)
6 Months Ended
Jun. 30, 2016
Property, Plant and Equipment [Abstract]  
Scheduled of property, plant and equipment
    Useful life   June 30,
2016
    December 31,
2015
 
Fishing vessels   10 - 20 Years   $ 106,304,561     $ 108,182,380  
Vehicles   5 Years     126,840       129,824  
Office and other equipment   3 – 5 Years     1,187,749       1,215,692  
Construction-in-progress         31,041,836       -  
          138,660,986       109,527,896  
Less: accumulated depreciation         (17,952,388 )     (14,972,782 )
        $ 120,708,598     $ 94,555,114