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ADVANCE TO/FROM RELATED PARTIES (Tables)
 3 Months Ended
Mar. 31, 2013
Schedule Of Names and Relationship Of Related Parties [Table Text Block]
(a) Name and relationship of related parties

 

Name of related party     Relationship      
Panxing Zhuo      Father of Xinrong Zhuo, a Family Member   
Honghong Zhuo      Daughter of Xinrong Zhuo    
Qing Lin      Brother-in-law of Xinrong Zhuo, a Family Member
Ping Lin     Sister of Qing Lin
Longfei Zhuo      Cousin of Xinrong Zhuo, a Family Member  
Sunqiang Zhou      Brother-in-law of Xinrong Zhuo, a Family Member
Cheng Chen      Cousin of Xinrong Zhuo, a Family Member  
Chan Kit     One of shareholders of China Dredging Co., Ltd  
Xiaojie Wu      Brother-in-law of Xinrong Zhuo, a Family Member
Xiaoqin Xu      An employee of an affiliate company  
Xiaomei Yang      An employee of the Company and niece of Xinrong Zhuo
Xiaofang Zhuo     Cousin of Xinrong Zhuo, a Family Member  
Longhua Zhuo     Sisterof Xinrong Zhuo, a Family Member   
Fujian Yihai Investment Co., Ltd.   An affiliate company majority owned by Longjie Zhuo, sibling of Xinrong Zhuo
Fuzhou Haifeng Dafu Ocean Fishing Co., Ltd.   An affiliate company owned by Longfei Zhuo and Honghong Zhuo
Fujian Lutong Highway Engineering Construction Co., Ltd.   An affiliate company majority owned by Xiaojie Wu,brother-in-law of Xinrong Zhuo
Fujian Haiyi International Shipping Agency Co., Ltd.   An affiliate company to which the Company acted as a trustee equity owner. Haiyi International is ultimately majority owned and controlled by Sunqiang Zhou, brother-in-law of Xinrong Zhuo and a Family Member
Fujian Xinnong Ocean Fisheries Development Co., Ltd.    An affiliate company to which the Company acted as a trustee equity owner. Xinnong is ultimately owned and controlled by Xiaojie Wu
Fuzhou Haoyouli Fisheries Development Co., Ltd.    An affiliate company to which the Company acted as trustee equity owner. Haoyouli is ultimately owned and controlled by Sunqiang Zhou
Fujian Honglong Ocean Fishing Co., Ltd An affiliate company majority owned and controlled by Ping Lin, spouse of Xinrong Zhuo and a Family Member
PT. Avona Mina Lestari   An affiliate company controlled by Xinrong Zhuo family domiciled in Indonesia, engaged in fishing base management and fishing vessel service
PT. Dwikarya Reksa Abadi An affiliate company controlled by Xinrong Zhuo family domiciled in Indonesia, engaged in fishing base management and fishing vessel service
Haifeng Dafu Enterprise Company Limited An affiliate company domiciled in the Hong Kong Special Administrative Region of the PRC (“Hong Kong”)
Hai Yi Shipping Limited   An affiliate company domiciled in the Hong Kong

 

Fuzhou Wanhao Real Estate Property Investment Co., Ltd.   An affiliate company majority-owned and controlled by Qing Lin
China Communication Materials Central and South Co., Ltd.   An affiliate company majority-owned by Lutong Highway
Fujian Gangjun Construction Co., Ltd. An affiliate company ultimately controlled by Xinrong Zhuo
Fuzhou Baojie Haiyi Ocean Fishing Co., Ltd. An affiliate company majority-owned and controlled by Xinrong Zhuo
Fujian International Trading and Transportation Co., Ltd. An affiliate company owned by Yihai Investment and Longhao Zhuo, sibling of Xinrong Zhuo and a Family Member
Fuzhou Dongxing Longju Real Estate Co., Ltd. An affiliate company owned by Xinrong Zhuo  
Shenzhen Western Coast Fisherman Pier Co., Ltd.  An affiliate company owned by Xinrong Zhuo
Pingtan Heshun Fuel Co., Ltd.  An affiliate company under Xinrong Zhuo’s common control
Fuzhou Hairong Trading Co., Ltd.  An affiliate company under Xinrong Zhuo’s common control
Hongfa Shipping Limited  An affiliate company owned by Xinrong Zhuo  
China Dredgin [Member]
  
Schedule Of Advances To Related Parties [Table Text Block]
Advance to related parties

 

China Dredging            
             
      March 31, 2013       December 31, 2012  
      (Unaudited)          
Cheng Chen   $ 805,049     $ -  
Merchant Supreme (eliminated in consolidation)   272,000     -  
    $ 1,077,049     $ -  
Schedule Of Advances From Related Parties [Table Text Block]
Advance from related parties

 

China Dredging                    

 

      March 31, 2013       December 31, 2012  
      Unaudited          
                 
Chan Kit (eliminated $242,000 in consolidation)   $ 752,350     $ 560,216  
Fuzhou Dongxing Longju Real Estate Co., Ltd     1,610,099       -  
Fujian Yihai Investment Co., Ltd     3,220,197       -  
    $ 5,582,646     $ 560,216  
Merchant Supreme [Member]
  
Schedule Of Advances To Related Parties [Table Text Block]
Merchant Supreme            
  March 31, 2013     December 31, 2012  
  (Unaudited)        
Chan Kit ($242,000 eliminated in consolidation)   $ 203,072     $ -  
Honghong Zhuo     1,668,062       1,642,203  
Panxing Zhuo     4,606,144       6,196,248  
Qing Lin     102,443       100,855  
Xiaofang Zhuo     8,472,855       769,251  
Xiaomei Yang     9,327,057       7,598,782  
China Communication Materials Central and South Co., Ltd     7,003,929       6,895,349  
Fujian Haiyi International Shipping Agency Co., Ltd.     246,946       243,117  
Fujian Lutong Highway Engineering Construction Co., Ltd.     2,195,208       2,161,177  
Fujian Yihai Investment Co., Ltd     15,031,697       13,467,150  
Fuzhou Haifeng Dafu Ocean Fishing Co., Ltd.     971,372       956,315  
Fuzhou Haoyouli Fisheries Development Co., Ltd.     7,317,898       7,204,451  
Fuzhou Wanhao Real Etate Property Investment Co., Ltd     2,608,360       2,567,923  
    $ 59,755,043     $ 49,802,821  
Schedule Of Advances From Related Parties [Table Text Block]

Merchant Supreme                      

 

             
    March 31, 2013     December 31, 2012  
    (Unaudited)        
                 
Chan Kit   $ 153,961     $ 153,961  
China Dredging (eliminated in consolidation)     272,000       -  
Fuzhou Dongxing Longju Real Estate Co., Ltd     805,050       -  
Fujian Honglong Ocean Fishing Co., Ltd     12,847,496       -  
    $ 14,078,507     $ 153,961