Japan: Whaling Group Suffers Financial Loss [View all]

Source: New York Times

Japan: Whaling Group Suffers Financial Loss
By MARTIN FACKLER
Published: October 2, 2012

The Institute of Cetacean Research, the government group that operates Japan’s widely criticized research whaling, suffered a nearly crippling financial blow last year when its annual hunt in the Antarctic Ocean was disrupted by an environmental group, a Japanese newspaper reported Tuesday. It said the institute suffered a loss of $20.5 million, requiring additional financing from the government. The newspaper said the group, Sea Shepherd Conservation Society, limited the whaling fleet’s catch to 172 whales, or one-third of its take the year before. The institute relies on the sale of whale meat to finance a large part of its operations, experts say.


Read more: http://www.nytimes.com/2012/10/03/world/asia/japan-whaling-group-suffers-financial-loss.html?_r=0

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