Dry bulk owner and operator Oldendorff Carriers has invested in and become a minor shareholder of Groke Technologies, a Finnish start-up creating navigation solutions and developing new navigation technologies.

Oldendorff Carriers has a close relationship with the Japanese trading and investing firm, Mitsubishi Corporation, who is the leading investor of Groke Technologies and introduced the company to Oldendorff.

Groke, which was established in 2019, is developing intelligent navigation systems for shipping operations with the aim of creating safer and more comfortable working conditions onboard vessels. Groke will continue its development and business with the advice and support from both Oldendorff and Mitsubishi.