The world’s fastest shark is hurtling towards extinction following years of hunting for its prized meat and fins.

Experts have announced that shortfin makos, along with dozens more species of sharks and rays, are now officially at high risk of being wiped out for good.

Overfishing of these charismatic species, which take a long time to reproduce, by both commercial and recreational anglers has led to many global populations collapsing.

The shortfin mako, which can swim at speeds exceeding 40mph, is not currently subject to any international fishing restrictions despite populations falling by up to 60 per cent in some regions.

Its dramatic decline, along with that of its cousin the longfin mako, was reflected in the International Union for the Conservation of Nature’s latest assessment of shark species’ status.

Endangered sharks being served up in British fish and chip shops Show all 6 1 /6 Endangered sharks being served up in British fish and chip shops Endangered sharks being served up in British fish and chip shops Scalloped hammerhead shark Scalloped hammerhead shark fins were among those found being sold by an Asian food retailer in the UK. These sharks are endangered, and in parts of the Atlantic Ocean, their populations have declined by over 95% in the past 30 years. Istock/Janos Endangered sharks being served up in British fish and chip shops Spiny dogfish In the samples of takeaway fish and chips sampled, spiny dogfish made up 90% of those sold under the names huss, rock salmon and rock eel. Doug Costa, NOAA/SBNMS Endangered sharks being served up in British fish and chip shops Shortfin mako shark Another vulnerable species found in the dried shark fins tested in the British Asian wholefood retailer was the shortfin mako shark. Istock/Alessandro De Maddalena Endangered sharks being served up in British fish and chip shops Blue shark Blue shark was also found on sale in UK shops. This species is not as vulnerable as the others but is still listed as "Near Threatened" by the International Union for Conservation of Nature Istock/Howard Chen Endangered sharks being served up in British fish and chip shops Nursehound Around a quarter of the sharks being sold in UK fishmongers were nursehounds, another relatively safe species that is nevertheless classified as near threatened. Mario Antonio Pena Zapatería Endangered sharks being served up in British fish and chip shops Misleading names in fish shops The scientists behind the study investigating the prevalence of endangered shark meat on sale concluded that shops must stop selling these species under "umbrella terms" that hide their true origin. Istock

Both species were downgraded from “vulnerable” to “endangered” – the same category as other famously threatened species like blue whales and Asian elephants.

“Our results are alarming and yet not surprising, as we find the sharks that are especially slow-growing, sought-after and unprotected from overfishing tend to be the most threatened,” said Professor Nicholas Dulvy, co-chair of the IUCN’s Shark Specialist Group.

Earlier this year, a study found a shortfin mako fin for sale alongside other threatened species in an Asian food retailer in the UK.

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Conservation groups say there is still hope for the mako and other persecuted sharks if governments implement strict caps on fishing limits.

The success of such measures was reflected in the updated “red list” assessment for sharks and rays in Australia, which was heralded as a world leader in conservation of these animals.

More than half of the species found in Australian waters were deemed to be in no danger, with just a handful of deep-water species still thought to be at risk.

This is thought to be a direct result of authorities there implementing strict fishing quotas.

“The new information paints a stark warning – we find ourselves on the precipice of losing these unique species forever,” said Lee Crockett, director of the Shark Conservation Fund (SCF).

“The good news is that, with strategic support from SCF, we have the chance to win real protection this year with the right action by governments and fishery management bodies.”

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A record number of sharks and rays will be proposed for listing at the next meeting of the Convention of International Trade in Endangered Species of Wild Fauna and Flora in May.