Finning is a term describing the process of cutting off a sharks fin while it is still alive. The shark body is then thrown back into the ocean. The shark can no long live without its fin. The process of finning only utilizes 14% of the sharks entire body weight and the rest is completely wasted.
Shark fins are used to make a soup popular is Asia noun simply as, shark fin soup. This soup used to be considered a delicacy for the rich. But since the hunting of sharks has increased, the soup is no longer a delicacy but a common food.
In Asia one kilo of shark fin is the equivalent to 100 US dollars.