Fleet Financing

Alpha Ori Technologies Secures $ 6 Million Funding From Hafnia And BW LPG

Digital maritime solutions provider Alpha Ori Technologies has closed a $ 6 million investment round. The cycle was carried out jointly by the main shipowners Hafnia and BW LPG.

Mikael Skov, CEO of Hafnia, has now joined the board of directors of Alpha Ori Technologies.

With a diverse lineup that includes SMARTShip, SMARTVoyager, ShipPalm and VIO, AOT is transforming the multi-trillion dollar shipping industry by replacing disjointed analog systems with smart digital businesses.

This latest funding builds on an exceptional year for AOT, during which, with a rapidly growing client list, it exceeded the target of 100 SMARTShip deployments by the end of 2020. The digital SMARTShip solution is furthermore additionally adopted by major shipping operators around the world, and this new investment will further accelerate its product roadmap by leveraging futuristic technologies.

Anders Onarheim, CEO of BW LPG, said: “BW LPG is pleased to be among the first to adopt SMARTShip technology in our journey to digitize our fleet. Over the years, with Alpha Ori as a partner, we have benefited from improved fleet management by establishing real-time, transparent and reliable ship-to-shore connections. We look forward to continued growth with Alpha Ori as we move forward on our digital transformation journey. “

Mikael Skov, CEO of Hafnia, said: “Hafnia is delighted to now be an investor in Alpha Ori. Our collaboration so far has enabled Hafnia to make decisions based on accurate, real-time data analysis. Alpha Ori helps us make sure that we are making real progress towards improving performance and reducing environmental impact. SMARTShip also ensures that any business is prepared to meet all future environmental reporting requirements. I look forward to further strengthening our partnership and our performance with this new investment and my participation on the board of directors of Alpha Ori.

Rajesh Unni, Founder and Co-CEO of AOT, said: “Challenging the status quo and creating opportunities that have the power to transform the maritime industry by embracing new technologies have been the defining goals of Alpha Ori . We are delighted with the support of our investors who bring their capital, knowledge and network to advance our vision.
Source: Alpha Ori

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