Oldendorff invests in Alpha Ori Technologies

Oldendorff Carriers, one of the world’s leading dry bulk operators, has signed a deal that will see it invest in leading maritime digital solutions provider Alpha Ori Technologies (AOT). An Oldendorff Carriers’ representative will also join the AOT board.

AOT’s digital solutions are increasingly being adopted by leading maritime operators worldwide. This new investment will further accelerate its sales activities and product capabilities.

Peter Twiss, CEO of Oldendorff Carriers, said: “Oldendorff is pleased to be an investor in Alpha Ori Technologies. Having considered various cleantech, optimization and fuel savings products on the market, we believe AOT has the right mix of talent, technologies and futuristic vision to be a transformative force in shaping the future of the maritime industry. With this investment we not only want to support the digitalization and decarbonization journey of our industry but also benefit from it directly.”

With a diverse range of products that includes SMARTShip^TM, SMARTVoyager, ShipPalm^TM and VIO, AOT is transforming the maritime industry by harnessing the power of real-time data, generating insights for faster decision-making, and helping customers achieve cost efficiencies and lower emissions.

Captain Rajesh Unni, founder & Co-CEO of AOT and founder and CEO of the Synergy Group, commented: “Oldendorff’s investment is testament to management’s confidence in our vision, our state-of-the-art digital solutions and the cutting-edge technologies that AOT is using to transform the shipping industry. Our digital solutions harness the power of data, shaping it into insights that enable our customers to make effective decisions in a timely manner. We are extremely proud of our association with Oldendorff and look forward to partnering in future-proofing its fleet.”