|
TERM LOANS (Details 3) (USD $)
|
12 Months Ended |
|
Dec. 31, 2013
|
| Maturities Of Term Loans [Line Items] |
|
| Debt Instrument Periodic Payment Principal Current Year |
$ 20,252,077 |
| Debt Instrument Periodic Payment Principal Current Year One |
19,132,927 |
| Debt Instrument Periodic Payment Principal Current Year Two |
14,255,745 |
| Debt Instrument Periodic Payment Principal Current Year Three |
15,577,250 |
| Debt Instrument Periodic Payment Principal Current Year Four To Seven |
5,533,805 |
| Long-term loans - current portion |
74,751,804 |
|
Industrial and Commercial Bank Of China [Member]
|
|
| Maturities Of Term Loans [Line Items] |
|
| Debt Instrument, Collateral |
Guaranteed by Xinrong Zhuo, Honghong Zhuo, Mrs. and Mr. Zhiyan Lin and 14 fishing vessels under construction |
| Debt Instrument Term Description |
November 28, 2013 to November 27, 2021 |
| Debt Instrument Periodic Payment Principal Current Year |
578,159 |
| Debt Instrument Periodic Payment Principal Current Year One |
1,156,318 |
| Debt Instrument Periodic Payment Principal Current Year Two |
1,238,912 |
| Debt Instrument Periodic Payment Principal Current Year Three |
1,404,100 |
| Debt Instrument Periodic Payment Principal Current Year Four To Seven |
5,533,805 |
| Long-term loans - current portion |
9,911,294 |
|
Minsheng Bank Of China, Fuzhou Branch Transaction One [Member]
|
|
| Maturities Of Term Loans [Line Items] |
|
| Debt Instrument, Collateral |
Pingtan Fishing's and Hong Long's fishing vessels and guaranteed by Xinrong Zhuo |
| Debt Instrument Term Description |
May 4, 2012 to March 16, 2015 |
| Debt Instrument Periodic Payment Principal Current Year |
6,095,446 |
| Debt Instrument Periodic Payment Principal Current Year One |
3,047,723 |
| Debt Instrument Periodic Payment Principal Current Year Two |
0 |
| Debt Instrument Periodic Payment Principal Current Year Three |
0 |
| Debt Instrument Periodic Payment Principal Current Year Four To Seven |
0 |
| Long-term loans - current portion |
9,143,169 |
|
Minsheng Bank Of China, Fuzhou Branch Transaction Two [Member]
|
|
| Maturities Of Term Loans [Line Items] |
|
| Debt Instrument, Collateral |
Pingtan Fishing's and Hong Long's fishing vessels and guaranteed by Xinrong Zhuo |
| Debt Instrument Term Description |
June 15, 2012 to March 16, 2015 |
| Debt Instrument Periodic Payment Principal Current Year |
1,486,694 |
| Debt Instrument Periodic Payment Principal Current Year One |
743,347 |
| Debt Instrument Periodic Payment Principal Current Year Two |
0 |
| Debt Instrument Periodic Payment Principal Current Year Three |
0 |
| Debt Instrument Periodic Payment Principal Current Year Four To Seven |
0 |
| Long-term loans - current portion |
2,230,041 |
|
Minsheng Bank Of China, Fuzhou Branch Transaction Three [Member]
|
|
| Maturities Of Term Loans [Line Items] |
|
| Debt Instrument, Collateral |
Pingtan Fishing’s and Hong Long’s fishing vessels and guaranteed by Xinrong Zhuo |
| Debt Instrument Term Description |
June 29, 2012 to March 16, 2015 |
| Debt Instrument Periodic Payment Principal Current Year |
2,304,376 |
| Debt Instrument Periodic Payment Principal Current Year One |
1,152,188 |
| Debt Instrument Periodic Payment Principal Current Year Two |
0 |
| Debt Instrument Periodic Payment Principal Current Year Three |
0 |
| Debt Instrument Periodic Payment Principal Current Year Four To Seven |
0 |
| Long-term loans - current portion |
3,456,564 |
|
Fujian Haixia Bank, Fuzhou Hualin Branch [Member]
|
|
| Maturities Of Term Loans [Line Items] |
|
| Debt Instrument, Collateral |
Guaranteed by Xinrong Zhuo |
| Debt Instrument Term Description |
April 25, 2012 to March 22, 2015 |
| Debt Instrument Periodic Payment Principal Current Year |
1,651,882 |
| Debt Instrument Periodic Payment Principal Current Year One |
1,651,882 |
| Debt Instrument Periodic Payment Principal Current Year Two |
0 |
| Debt Instrument Periodic Payment Principal Current Year Three |
0 |
| Debt Instrument Periodic Payment Principal Current Year Four To Seven |
0 |
| Long-term loans - current portion |
3,303,764 |
|
Export-Import Bank Of China [Member]
|
|
| Maturities Of Term Loans [Line Items] |
|
| Debt Instrument, Collateral |
Hong Long’s investment in equity interest of a PRC local bank |
| Debt Instrument Term Description |
July 5, 2013 to December 10, 2017 |
| Debt Instrument Periodic Payment Principal Current Year |
3,386,359 |
| Debt Instrument Periodic Payment Principal Current Year One |
4,724,383 |
| Debt Instrument Periodic Payment Principal Current Year Two |
5,418,174 |
| Debt Instrument Periodic Payment Principal Current Year Three |
6,111,965 |
| Debt Instrument Periodic Payment Principal Current Year Four To Seven |
0 |
| Long-term loans - current portion |
19,640,881 |
|
Export-Import Bank Of China One [Member]
|
|
| Maturities Of Term Loans [Line Items] |
|
| Debt Instrument, Collateral |
Hong Long’s investment in equity interest of a PRC local bank |
| Debt Instrument Term Description |
July 5, 2013 to December 10, 2017 |
| Debt Instrument Periodic Payment Principal Current Year |
123,891 |
| Debt Instrument Periodic Payment Principal Current Year One |
181,707 |
| Debt Instrument Periodic Payment Principal Current Year Two |
198,226 |
| Debt Instrument Periodic Payment Principal Current Year Three |
214,745 |
| Debt Instrument Periodic Payment Principal Current Year Four To Seven |
0 |
| Long-term loans - current portion |
718,569 |
|
Export-Import Bank Of China Two [Member]
|
|
| Maturities Of Term Loans [Line Items] |
|
| Debt Instrument, Collateral |
Fujian International Trading and Transportation Company Ltd’s investment in equity interest of a PRC local bank |
| Debt Instrument Term Description |
July 5, 2013 to December 10, 2017 |
| Debt Instrument Periodic Payment Principal Current Year |
660,753 |
| Debt Instrument Periodic Payment Principal Current Year One |
925,054 |
| Debt Instrument Periodic Payment Principal Current Year Two |
1,024,167 |
| Debt Instrument Periodic Payment Principal Current Year Three |
1,172,836 |
| Debt Instrument Periodic Payment Principal Current Year Four To Seven |
0 |
| Long-term loans - current portion |
3,782,810 |
|
Export-Import Bank Of China Three [Member]
|
|
| Maturities Of Term Loans [Line Items] |
|
| Debt Instrument, Collateral |
Guarantee of Hong Long |
| Debt Instrument Term Description |
July 5, 2013 to December 10, 2017 |
| Debt Instrument Periodic Payment Principal Current Year |
3,270,727 |
| Debt Instrument Periodic Payment Principal Current Year One |
4,592,233 |
| Debt Instrument Periodic Payment Principal Current Year Two |
5,219,948 |
| Debt Instrument Periodic Payment Principal Current Year Three |
2,775,162 |
| Debt Instrument Periodic Payment Principal Current Year Four To Seven |
0 |
| Long-term loans - current portion |
15,858,070 |
|
Export-Import Bank Of China Four [Member]
|
|
| Maturities Of Term Loans [Line Items] |
|
| Debt Instrument, Collateral |
Fujian International Trading and Transportation Company Ltd’s investment in equity interest of a PRC local bank |
| Debt Instrument Term Description |
September 29, 2013 to December 10, 2017 |
| Debt Instrument Periodic Payment Principal Current Year |
82,594 |
| Debt Instrument Periodic Payment Principal Current Year One |
99,113 |
| Debt Instrument Periodic Payment Principal Current Year Two |
132,151 |
| Debt Instrument Periodic Payment Principal Current Year Three |
148,669 |
| Debt Instrument Periodic Payment Principal Current Year Four To Seven |
0 |
| Long-term loans - current portion |
462,527 |
|
Export-Import Bank Of China Five [Member]
|
|
| Maturities Of Term Loans [Line Items] |
|
| Debt Instrument, Collateral |
Hong Long’s investment in equity interest of a PRC local bank |
| Debt Instrument Term Description |
September 29, 2013 to December 10, 2017 |
| Debt Instrument Periodic Payment Principal Current Year |
214,745 |
| Debt Instrument Periodic Payment Principal Current Year One |
297,339 |
| Debt Instrument Periodic Payment Principal Current Year Two |
363,414 |
| Debt Instrument Periodic Payment Principal Current Year Three |
379,933 |
| Debt Instrument Periodic Payment Principal Current Year Four To Seven |
0 |
| Long-term loans - current portion |
1,255,431 |
|
Export-Import Bank Of China Six [Member]
|
|
| Maturities Of Term Loans [Line Items] |
|
| Debt Instrument, Collateral |
Hong Long’s investment in equity interest of a PRC local bank |
| Debt Instrument Term Description |
September 29, 2013 to December 10, 2017 |
| Debt Instrument Periodic Payment Principal Current Year |
0 |
| Debt Instrument Periodic Payment Principal Current Year One |
0 |
| Debt Instrument Periodic Payment Principal Current Year Two |
0 |
| Debt Instrument Periodic Payment Principal Current Year Three |
2,659,531 |
| Debt Instrument Periodic Payment Principal Current Year Four To Seven |
0 |
| Long-term loans - current portion |
2,659,531 |
|
Export-Import Bank Of China Seven [Member]
|
|
| Maturities Of Term Loans [Line Items] |
|
| Debt Instrument, Collateral |
Pingtan Fishing’s investment in equity interest of a PRC local bank |
| Debt Instrument Term Description |
September 29, 2013 to December 10, 2017 |
| Debt Instrument Periodic Payment Principal Current Year |
396,451 |
| Debt Instrument Periodic Payment Principal Current Year One |
561,640 |
| Debt Instrument Periodic Payment Principal Current Year Two |
660,753 |
| Debt Instrument Periodic Payment Principal Current Year Three |
710,309 |
| Debt Instrument Periodic Payment Principal Current Year Four To Seven |
0 |
| Long-term loans - current portion |
$ 2,329,153 |