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Deferred Charges, Net
 12 Months Ended
Mar. 31, 2017
Deferred Charges, Net.  
Deferred Charges, Net

8. Deferred Charges, Net

 

The analysis and movement of deferred charges, net is presented in the table below:

 

 

 

 

 

 

 

    

Drydocking

 

 

 

costs

 

Balance, April 1, 2015

 

$

669,705

 

Amortization

 

 

(374,770)

 

Balance, March 31, 2016

 

$

294,935

 

Additions

 

 

1,817,231

 

Amortization

 

 

(227,992)

 

Balance, March 31, 2017

 

$

1,884,174

 

 

The drydocking costs incurred during the year ended March 31, 2017 relate to the drydocking of two of our VLGCs.