Caixin
Sep 04, 2017 08:03 PM
BUSINESS & TECH

Chinese Ship Accused of Ecuador Shark Smuggling Linked to Fujian Fishing Giant

The Ecuadorian Navy seized a Chinese-flagged vessel in the Galapagos Marine Reserve that was carrying more than 6,600 dead sharks, some of which were endangered species. Photo: Visual China
The Ecuadorian Navy seized a Chinese-flagged vessel in the Galapagos Marine Reserve that was carrying more than 6,600 dead sharks, some of which were endangered species. Photo: Visual China

A China-flagged refrigerated cargo ship that Ecuadorian authorities discovered transporting more than 6,600 shark carcasses in mid-August has been found by Caixin to have ties with China’s second-largest ocean fishing company.

Caixin had previously reported that the Fu Yuan Yu Leng 999, the ship detained by Ecuador, belongs to Fujian-based firm Fuzhou Honglong Ocean Aquatic Products Co. A further investigation by Caixin shows that Fuzhou Honglong has close links to NASDAQ-listed Chinese fishing giant Pingtan Marine Enterprise Ltd., and that the largest stakeholders of the two companies are husband and wife.

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