A Review of Shipping Companies’ Carriage Policies on the International Shark Fin Trade (只提供英語版本)

Posted on 26 September 2024

The illicit wildlife trade poses a great threat to global biodiversity, contributing to the alarming decline of numerous species worldwide. Sharks, particularly those targeted for their fins, are some of the most affected species. The lucrative shark fin trade, driven primarily by demand from East and Southeast Asia, has led to many shark species becoming overfished, jeopardising their survival and the overall health of ocean ecosystems. Against this background, the Asia Pacific Counter-Illegal Wildlife Trade Hub, in collaboration with WWF-Hong Kong, initiated a study to assess the effectiveness of shipping bans on the shark fin trade.

The study sought to evaluate the progress of the “No Shark Fin Carriage Policy” (the Policy) implemented by prominent global shipping companies. Through prohibiting the transportation of shark fins, these companies seek to curb illegal fishing practices and reduce pressure on shark populations. The study explored the correlation between the implementation of shipping bans and subsequent shark fin trade volumes, particularly in Hong Kong, a significant hub for shark fin commerce.

Using both quantitative and qualitative methods, the research drew on extensive trade data, interviews with shipping industry representatives and analyses of consumer shark fin consumption behaviour. Data gathered between 2012 and 2021 provided insights into trade patterns, shifting demand for shark fin products and the enforcement practices adopted by shipping companies.

Preliminary findings suggest that the Policy’s implementation contributed to a noticeable decline in shark fin trade volume in Hong Kong. However, the study also found that several factors influenced this trend, including changing consumer attitudes towards shark fin soup and socio-economic shifts resulting from global events such as the COVID-19 pandemic. The findings also point to a need for more robust and effective enforcement frameworks, standardised screening procedures and enhanced cooperation between shipping companies and NGOs. These will be critical to maximising the impact of this Policy and other future policies.

This report is a vital resource for policymakers, conservationists and industry stakeholders alike. It sheds light on the complexities surrounding the wildlife trade and the vital role of shipping companies, underscoring the Policy’s achievements and identifying areas where further action is necessary. Importantly, the report shows that increased awareness and improved collaboration have produced a beacon of hope in the endeavour to protect sharks and promote sustainability within the marine ecosystem.

Ms. Susana Germino, Chief Sustainability & Energy Transition Officer, Swire Shipping affirms that, “At Swire Shipping, we understand the significant influence our actions can have on the health of our oceans. The report underscores how our adherence to the ‘No Shark Fin Carriage Policy’ is not only a reflection of our dedication to sustainability but also a step forward in protecting endangered shark species. We remain committed to playing our part in the global fight against illegal wildlife trade and ensuring that our operations contribute to the preservation of marine ecosystems. “

A-Review-of-Shipping-Companies-Carriage-Policies-on-the-International-Shark-Fin-Trade (只提供英語版本)

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A Review of Shipping Companies’ Carriage Policies on the International Shark Fin Trade (只提供英語版本)

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