As a conservation organisation, we would like to express our concern about the recent misinformation perpetuated in the national and international media asserting that the shark fin trade is sustainable. The reality is that this vast trade is largely unmanaged and unmonitored, and that the shark fin industry in Asia plays little to no role in fisheries management in the countries that are fishing sharks, including New Zealand. The slow growth and reproductive rates of sharks makes them extremely susceptible to overexploitation. Since only a small fraction of shark-fishing nations have any type of shark management plan in place, the assertion that the fin trade is sustainable is not based in fact.
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