Bid to corner world's bluefin tuna market
Mitsubishi freezing fish to sell later as stock numbers plummet toward extinction
By Martin Hickman, Consumer Affairs Correspondent
Wednesday, 3 June 2009
Bluefin tuna is being over-fished and its numbers can't be sustained, scientists say
Japan's sprawling Mitsubishi conglomerate has cornered a 40 per cent share of the world market in bluefin tuna, one of the world's most endangered fish.
A corporation within the £170bn Mitsubishi empire is importing thousands of tonnes of the fish from Europe into Tokyo's premium fish markets, despite stocks plummeting towards extinction in the Mediterranean.
Bluefin tuna frozen at -60C now could be sold in several years' time for astronomical sums if Atlantic bluefin becomes commercially extinct as forecast, a result of the near free-for-all enjoyed by the tuna fleet.
(More here.)
By Martin Hickman, Consumer Affairs Correspondent
Wednesday, 3 June 2009
Bluefin tuna is being over-fished and its numbers can't be sustained, scientists say
Japan's sprawling Mitsubishi conglomerate has cornered a 40 per cent share of the world market in bluefin tuna, one of the world's most endangered fish.
A corporation within the £170bn Mitsubishi empire is importing thousands of tonnes of the fish from Europe into Tokyo's premium fish markets, despite stocks plummeting towards extinction in the Mediterranean.
Bluefin tuna frozen at -60C now could be sold in several years' time for astronomical sums if Atlantic bluefin becomes commercially extinct as forecast, a result of the near free-for-all enjoyed by the tuna fleet.
(More here.)
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