Shark finning | Wikipedia audio article
Channel: wikipedia tts
Date: 2018-12-10

This is an audio version of the Wikipedia Article:
Shark finning


00:01:50 1 Process
00:03:22 2 Impacts
00:03:31 2.1 On individual sharks
00:04:11 2.2 On shark populations
00:05:37 2.3 On other populations
00:06:18 3 Vulnerability of sharks
00:07:36 4 Opposition
00:10:39 5 Reporting
00:12:07 6 International restrictions
00:13:10 6.1 European Union
00:14:33 7 National and district restrictions
00:14:44 7.1 Australia
00:15:16 7.1.1 Imported products
00:16:43 7.2 Canada
00:20:50 7.3 China
00:21:41 7.4 Hong Kong
00:23:07 7.5 Taiwan
00:23:19 7.6 Malaysia
00:24:36 7.7 New Zealand
00:25:11 7.8 Palau
00:25:48 7.9 Singapore
00:26:38 7.10 United States
00:30:38 7.11 United Nations
00:31:29 8 See also



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SUMMARY
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Shark finning is the act of removing fins from sharks and discarding the rest of the shark. The sharks are often still alive when discarded, but without their fins. Unable to swim effectively, they sink to the bottom of the ocean and die of suffocation or are eaten by other predators. Shark finning at sea enables fishing vessels to increase profitability and increase the number of sharks harvested, as they only have to store and transport the fins, by far the most profitable part of the shark; the shark meat is bulky to transport. Some countries have banned this practice and require the whole shark to be brought back to port before removing the fins.
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 say 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 just over 500,000 tonnes. Additional unregulated and unreported catches are thought to be common.