Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Tables)

v3.19.2
Property, Plant and Equipment (Tables)
6 Months Ended
Jun. 30, 2019
Property, Plant and Equipment [Abstract]  
Schedule of property, plant and equipment

    Useful life   June 30,
2019
    December 31,
2018
 
Fishing vessels   10 - 20 Years   $ 234,087,116     $ 203,057,291  
Vehicles   5 Years     22,149       22,186  
Office and other equipment   3 – 5 Years     433,460       423,259  
Construction-in-progress   -     76,980,413       31,044,006  
          311,523,138       234,546,742  
Less: accumulated depreciation         (40,096,280 )     (34,975,317 )
        $ 271,426,858     $ 199,571,425