Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Tables)

v3.5.0.2
Property, Plant and Equipment (Tables)
9 Months Ended
Sep. 30, 2016
Property, Plant and Equipment [Abstract]  
Scheduled of property, plant and equipment

    Useful life   September 30, 2016     December 31, 2015  
Fishing vessels   10 - 20 Years   $ 105,993,198     $ 108,182,380  
Vehicles   5 Years     126,345       129,824  
Office and other equipment   3 – 5 Years     1,183,119       1,215,692  
Construction-in-progress         39,029,302       -  
          146,331,964       109,527,896  
Less: accumulated depreciation         (19,363,742 )     (14,972,782 )
        $ 126,968,222     $ 94,555,114