Record Price Paid For Blue Fin Tuna Fish in Japan
One of the most interesting stories so far this year has been the record Blue Fin Tuna fish sale to a Sushi Bar Entrepreneur in Japan.
The self styled ‘Tuna King’ Kiyosi Kimura paid a huge premium for the first Blue Fin Tuna of the year to be taken from the sea.
The sale itself was for £2.5 million with a weight of 278 kilos. This is twice the price of the previous record, also bought by Mr Kimura.
A standard fish of this size would cost £47,000 so this represents a huge premium on the typical price just for the bragging rights of being first.
But the sale has not been without its controversy, as Blue Fin Tuna is registered as a key WWF endangered species and is protected in many parts of the globe.
Interestingly, as this has happened, there has been a reappearance of Blue Fin Tuna fish in UK waters and there is still a fishing ban in place here.
We are however also aware that there is a growing amount of undeclared catches that, when added to the official total, show little change in overall annual catch volumes.
There is a growing movement to set up a protection zone for Tuna in UK waters and we’ll keep you posted on this subject as news happens.
PUBLISHED: January 22, 2019
