Vessels Under Construction (Tables)

6 Months Ended

Sep. 30, 2015

Vessels Under Construction.

Schedule of vessels under construction

Balance, April 1, 2015	398,175,504
Installment payments to shipyards	463,693,929
Other capitalized expenditures	13,949,868
Capitalized interest	3,630,321
Vessels delivered (transferred to Vessels)	(644,784,354	)
Balance, September 30, 2015	234,665,268