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Investors Press To Protect Stranded Seafarers

Jackie Bennion

15 January 2021

Oceans receive public attention for plastics waste and occasional piracy but rarely for the hundreds of thousands of workers contracted in the shipping industry who are stranded.

COVID-19 has left around 400,000 seafarers stranded on container boats, some for as long as 17 months, as a result of chaotic supply chain disruptions. A group of investors led by , said that seafarers trapped by their jurisdiction and COVID restrictions are essential workers facing a humanitarian crisis. "We need companies and their industry groups to step up and address the issue for the sake of these workers and our global economy.”

Many church-based groups have also signalled their support. Vice chair of the Episcopal Church's Committee on Corporate Social Responsibility, the Reverend Canon Brian Grieves, said that for his church this is personal.

“We have had decades of ministry to seafarers, since 1834 in fact, through the Seamen's Church Institute, and these mariners are an integral part of our church family. Our concern for their welfare is urgent."

Fidelity said that the humane treatment of sea workers affects all investors and the portfolio companies that depend on these workers.