Shark finning increased since 1997 largely due to the increasing demand for shark fins for shark fin soup and traditional cures, particularly in China and its territories, and as a result of improved fishing technology and market economics. The International Union for Conservation of Nature’s Shark Specialist Group says that shark finning is widespread, and that “the rapidly expanding and largely unregulated shark fin trade represents one of the most serious threats to shark populations worldwide”. Estimates of the global value of the shark fin trade range from US$540 million to US$1.2 billion (2007). Shark fins are among the most expensive seafood products, commonly retailing at US$400 per kg. In the United States, where finning is prohibited, some buyers regard the whale shark and the basking shark as trophy species and pay $10,000 to $20,000 for a fin.
The regulated global catch of sharks reported to the Food and Agriculture Organization of the United Nations has been stable in recent years at an annual average of just over 500,000 tonnes. Additional unregulated and unreported catches are thought to be common.
So What is Sea Save Foundation Doing?
1. We challenged the international community to raise their voices against shark finning. They responded by uploading 20,000 images to out mosaic. Photographs from Antarctica to Ecuador from New York City to Hong Kong were uploaded to our interactive mosaic.
Join our director and Dick Van Dyke and 20,000 other people around the world and say no to shark finning and check out the mosaic.