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Vessels, Net (Tables)
12 Months Ended
Mar. 31, 2020
Vessels, Net  
Schedule of vessels, net

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

Accumulated

    

 

 

 

 

 

Cost

 

depreciation

 

Net book Value

 

Balance, April 1, 2018

 

$

1,728,987,980

 

$

(189,876,147)

 

$

1,539,111,833

 

Other additions

 

 

4,005,830

 

 

 —

 

 

4,005,830

 

Depreciation

 

 

 —

 

 

(64,597,349)

 

 

(64,597,349)

 

Balance, March 31, 2019

 

$

1,732,993,810

 

$

(254,473,496)

 

$

1,478,520,314

 

Other additions

 

 

24,291,423

 

 

 —

 

 

24,291,423

 

Depreciation

 

 

 —

 

 

(65,152,904)

 

 

(65,152,904)

 

Balance, March 31, 2020

 

$

1,757,285,233

 

$

(319,626,400)

 

$

1,437,658,833