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Oldendorff invests in Alpha Ori Technologies

Photo: Oldendorff Carriers Peter Twiss, Oldendorff
Peter Twiss, CEO of Oldendorff Carriers
Dry bulk operator Oldendorff Carriers is investing in Singapore-based digital solutions provider Alpha Ori Technologies (AOT).

AOT, founded by Synergy Group’s Rajesh Unni, offers a range of digital solutions to increase vessel efficiency and lower emissions.

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.”

AOT said the investment allow it to expand sales activities and product capabilities. A representative of Oldendorff will be joining AOT’s board.

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Captain Rajesh Unni, founder & Co-CEO of AOT and founder and CEO of the Synergy Group, commented: “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.”