An unbelievable and disturbing sight photographed Jan. 2nd in Kennedy Town, Hong Kong by Alex Hofford and Paul Hilton. An estimated 18,000 fins were found drying in the beautiful early January sunshine.
About 50 percent of the global shark fin trade passes through Hong Kong, largely to feed Asian appetites for shark fin soup and other shark-related product. Estimates are that possibly as many as 73 million shark are harvested annually in a lucrative trade estimated in value from US$540 million to US$1.2 billion.
A third of all fins imported to Hong Kong come from Europe, with Spain as the largest supplier, providing between 2,000 and 5,000 metric tons a year. Norway supplies 39 metric tonnes. Britain, France, Portugal and Italy are also major suppliers. Bags of fin labeled from Brazil were found on the Hong Kong rooftop.
As affluence has grown in Asia, particularly China, so too has demand for shark fin soup, which is eaten largely as an expensive delicacy at wedding and other banquets.
One-third of sharks species are threatened or near-threatened with extinction, according to the IUCN Red List.