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Prepayment and other current assets

12 Months Ended

Dec. 31, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepayment and other current assets

5. Prepayment and other current assets

Prepayment and other current assets consist of the following:

 Schedule of prepayment and other current assets

		2022				2021
		As of December 31,
		2022				2021
Prepayments		$	167,677			$	3,796,033
Deposit			86,102				38,552
Total		$	253,779			$	3,834,585

Prepayments as of December 31, 2021 principally represent advance payments made to a supplier for $3,676,000 for the purchase of marine fuel.

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The entire disclosure for other current assets.

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