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The World Biggest Fish Market Tsukiji Moved To Toyosu. How Is The New Market Doing?

February 26, 2019 — If you are a sushi lover, most likely you have eaten fish from the Tsukiji Market in Tokyo. It would not be an overstatement that Tsukiji served as the foundation of the current global popularity of sushi.

The 23-hectare Tsukiji opened in 1935, and became the space for over a thousand vendors dealing with the freshest seafood from all over the world. In 2015, the market traded around 1,700 tons of seafood, and the sales amounted to $14 million a day, although the figures are declining lately due to competition with other routes of seafood distribution.

Because Tukiji was built to accommodate the railroad-based transportation system, the facilities became outdated for the modern truck-based system. As a result, relocation of the market became an agenda in 1960s. After multiple discussions and postponements over the past years, the Tokyo Metropolitan Government (TMG) finally declared the move to the new location in Toyosu, which is less than two miles away from Tsukiji, in 2001.

Read the full story at Forbes

Japan’s ‘King of Tuna’ Pays Record $3 Million for Bluefin at New Tokyo Fish Market

January 7, 2018 — The first tuna auction of the year at Tokyo’s new fish market set a high bar on Saturday after a restaurant chain paid a record price — more than $3 million — for a giant bluefin tuna.

The city’s famed Tsukiji fish market was relocated to the new space, in the Toyosu neighborhood, late last year to make way for the 2020 Olympics. The market was well known for its pre-dawn tuna auctions, a tradition that is continuing at the new location.

On Saturday, dozens of buyers walked along row after row of giant tuna, examining the fish before making their bids. The $5.3 billion enclosed, air-conditioned facility at Toyosu is a far cry from the grime and grit of Tsukiji, which served as the city’s main fish market for 83 years.

Read the full story at The New York Times

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