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GRINDROD SHIPPING HOLDINGS LIMITED - Grindrod Shipping Holdings Ltd. Announces Becoming a Signatory of the Neptune Declaration on Seafarer Wellbeing

Release Date: 04/02/2021 08:15
Code(s): GSH     PDF:  
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Grindrod Shipping Holdings Ltd. Announces Becoming a Signatory of the Neptune Declaration on Seafarer Wellbeing

GRINDROD SHIPPING HOLDINGS LTD.
ABBREVIATED NAME: GRINSHIP
Registered in Singapore with registration number 201731497H
JSE Share code: GSH
ISIN: SG9999019087
Primary listing on NASDAQ Global Select Market
Secondary listing on the JSE Main Board


Grindrod Shipping Holdings Ltd. Announces Becoming a Signatory of the Neptune Declaration on Seafarer
Wellbeing and Crew Change

Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company" or “it” or “we”
or “our”), a global provider of maritime transportation services in the drybulk and product tanker sectors,
announced it has signed the Neptune Declaration on Seafarer Wellbeing and Crew Change (the “Neptune
Declaration”). The Neptune Declaration focuses on addressing the crew change crisis the shipping industry is
facing due to the pandemic and prioritize high-quality health protocols.

The Neptune Declaration’s four major aims are to:

• recognize seafarers as key workers and give them priority access to Covid-19 vaccinations;

• implement high-standard health protocols;

• increase collaboration between ship operators and charterers to facilitate crew changes; and

• ensure airline connectivity between key maritime hubs for seafarers.



Martyn Wade, the Chief Executive Officer of Grindrod Shipping, commented:

“We are committed to the well-being and safety of our seafarers and are pleased to join a global coalition of
over 400 companies and organizations striving to achieve the same ambitions. During the pandemic, shipping
reaffirmed its vital function as the artery of global trade keeping the global supply chain open for the benefit of
societies around the world. This could not have happened without the endurance and sacrifices of our seafarers
who have been facing unprecedented challenges. We look forward to working with our peers to address and
resolve the challenges of crew changes and to ensure a safer and more resilient global maritime supply chain.”

About Grindrod Shipping Holdings Ltd.

Grindrod Shipping owns and operates a diversified fleet of owned and long-term and short-term chartered-in
drybulk vessels and product tankers. The drybulk business, which operates under the brand “Island View
Shipping” (“IVS”) includes a fleet of 15 handysize drybulk carriers and 16 supramax/ultramax drybulk carriers on
the water. The tanker business, which operates under the brand “Unicorn Shipping” (“Unicorn”) includes a fleet
of three medium range tankers and one small tanker. The Company is based in Singapore, with offices in London,
Durban, Tokyo, Cape Town and Rotterdam. Grindrod Shipping is listed on NASDAQ under the ticker “GRIN” and
on the JSE under the ticker “GSH”.

Forward-Looking Statements
The statements in this press release that are not historical facts may be forward-looking statements. The Private
Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in
order to encourage companies to provide prospective information about their business. The Company desires
to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is
including this cautionary statement in connection with this safe harbor legislation. The forward-looking
statements in this press release are based upon various assumptions, including, without limitation, Grindrod
Shipping management's examination of historical trends, data contained in the Company's records and other
data available from third parties. Although the Company believes that these assumptions were reasonable when
made, because these assumptions are inherently subject to significant uncertainties and contingencies which
are difficult or impossible to predict and are beyond the Company's control, the Company cannot assure you
that it will achieve or accomplish these expectations, beliefs or projections. These forward-looking statements
involve risks and uncertainties that could cause actual results to differ materially from those discussed in the
forward-looking statements. These risks and uncertainties include, among others, those discussed in Grindrod
Shipping's public filings with the SEC. Except as required by law, Grindrod Shipping undertakes no obligation to
update publicly or release any revisions to these forward-looking statements to reflect events or circumstances
after the date of this press release or to reflect the occurrence of unanticipated events.




 Company Contact:                                        Investor Relations / Media Contact:
 Martyn Wade / Stephen Griffiths                         Nicolas Bornozis / Daniela Guerrero
 CEO / CFO                                               Capital Link, Inc.
 Grindrod Shipping Holdings Ltd.                         230 Park Avenue, Suite 1536
 200 Cantonment Road, #03-01 Southpoint                  New York, N.Y. 10169
 Singapore, 089763                                       Tel.: (212) 661-7566
 Email: ir@grindrodshipping.com                          Fax: (212) 661-7526
 Website: www.grinshipping.com                           Email: grindrod@capitallink.com




By order of the Board
4 February 2021
Sponsor: Grindrod Bank Limited




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Date: 04-02-2021 08:15:00
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