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Fidelity calls for urgent action to help stranded seafarers

Money manager Fidelity International now calls for urgent action to address the humanitarian crisis playing out at sea, where more than 400,000 seafarers remain stranded. A similar number are stuck ashore with little prospect of work or pay.

Photo: PR / Torm

Fidelity International is calling for urgent action to address the humanitarian crisis and supply-chain risks caused by the more than 400,000 seafarers who are stranded aboard vessels and a similar number who remain ashore with little prospect for work or pay.

The London-based money manager, which oversees more than USD 600 billion, plans to write to the United Nations next week and has asked other investors to co-sign the letter. Fidelity has so far stood out among fund companies in highlighting the plight of seafarers.

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