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Receivables
12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
RECEIVABLES

NOTE 3 – RECEIVABLES

 

Trade receivables are amounts due from customers for services performed in the ordinary course of business.

 

Other receivables are mainly for the payments of items such as Home Allotments and Cash Advances to the crews where the Company collects funds from the shipping companies and then facilitates the payments to the crew on their behalf.

 

As of December 31, 2021, the Company has trade accounts receivable of $427,482 and other receivables of $221,362.