The Six Hundred Thousand Dollar Fish

bluefin

Tokyo’s historic Tsukiji market opened for its annual New Year’s Day auction last week. The event is famous for selling some of the most expensive fish in the world. This year’s action would not disappoint. The first fish, a Pacific bluefin tuna, sold for 74.2 million yen which translates to about $632,000. It was bought by Kiyoshi Kimura who owns the chain Sushi Zanmai.

Kimura is no stranger to buying expensive fish. He set the world record back in 2013 after he spent a staggering 155.4 million yen or about $1.76 million dollars on another Pacific bluefin.

Even though the auction receives worldwide media attention there is a black cloud that surrounds the event. Pacific Bluefin Tuna are in serious decline. Overfishing has decimated populations leaving them at an historic low. The problem is that when fisheries catch Pacific bluefin tuna, they’re mostly catching juveniles who have not yet reached the age of reproduction.

Many conservation groups are calling for the fish to be put on the endangered species list. But even if that happens, not much will change unless Japan signs on. They currently are responsible over 80{5c20afc010e65415aecac9ea1262ea64a0924a29c29fc9ad7cafd2eeb769a435} of the annual catch, compared to just 2{5c20afc010e65415aecac9ea1262ea64a0924a29c29fc9ad7cafd2eeb769a435} for the US.

Hopefully sustainable harvest practice can be implemented and save this iconic fish for many generations.

For the complete Press Release Click HERE