Rorix Holdings and Adani Ports Partner to Integrate Cutting-Edge Technologies into their Logistics and Trading Platforms.
Abu Dhabi, UAE, September 20, 2024 — Rorix Holdings (“Rorix”), the Abu Dhabi-based global trade facilitation and finance company, announces the signing of a Memorandum of Understanding (MOU) during the UAE-India Business Forum with Adani Ports and Special Economic Zone Limited (“Adani Ports”), India’s largest private multi-port operator. This strategic partnership aims to leverage the strengths of both organizations to integrate advanced technologies into their logistics and trading platforms and create synergies that will transform the commodities market ecosystem.
Dr. Thani bin Ahmed Al Zeyoudi, Executive Chairman of Rorix Holdings, stated: “Our partnership with Adani Ports will create an innovative and efficient commodities market ecosystem. By combining our expertise in regulated financial platforms and market infrastructure with Adani Ports’ strength in logistics and port management, we aim to revolutionize the way commodities are traded, stored, and managed.”
Mr. Karan Adani, Managing Director of APSEZ added: “This partnership represents a unique opportunity to transform the commodities trade landscape. By leveraging next-generation technologies and combining our expertise, we aim to redefine how commodities markets operate. The collaboration between Rorix and Adani Ports is a significant step towards our ambition to become one of the largest integrated transport and logistics infrastructure companies globally, providing comprehensive end-to-end services.”
This initiative marks a significant step towards fostering innovation and growth in the commodities market, offering a more seamless, secure, and transparent trading environment for stakeholders worldwide.
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About Rorix Holdings:
Rorix Holdings, a subsidiary of International Holding Company / Sirius International Holding, is dedicated to revolutionizing trade finance, consulting, commodities exchange, and trade insurance sectors. Established with the vision to streamline global trade and investment flows, Rorix Holdings leverages cutting-edge technologies and comprehensive solutions to empower businesses of all sizes, fostering sustainable economic growth and global market access.
www.rorix.com
About Adani Ports and Special Economic Zone Ltd:
About Adani Ports and Special Economic Zone Ltd (APSEZ), a part of the globally diversified Adani Group, has evolved from a port company to an Integrated Transport Utility providing end to-end solutions from its port gate to customer gate. It is the largest port developer and operator in India with 7 strategically located ports and terminals on the west coast (Mundra, Tuna, Dahej, and Hazira in Gujarat, Mormugao in Goa, Dighi in Maharashtra and Vizhinjam in Kerala) and 8 ports and terminals on the East coast (Haldia in West Bengal, Dhamra and Gopalpur in Odisha, Gangavaram and Krishnapatnam in Andhra Pradesh, Kattupalli and Ennore in Tamil Nadu and Karaikal in Puducherry), representing 27% of the country’s total port volumes, thus providing capabilities to handle vast amounts of cargo from both coastal areas and the hinterland. The company is also developing a transshipment port at Colombo, Sri Lanka and operates the Haifa Port in Israel and Container Terminal 2 at Dar Es Salaam Port, Tanzania. The Ports to Logistics Platform comprising port facilities, integrated logistics capabilities, including multimodal logistics parks, Grade A warehouses, and industrial economic zones, puts it in an advantageous position as India stands to benefit from an impending overhaul in global supply chains. The company’s vision is to be the largest ports and logistics platform in the world in the next decade.
www.adaniports.com
About Sirius International Holding:
Sirius International Holding, headquartered in Abu Dhabi, is a subsidiary of IHC (International Holding Company) that stands at the forefront of the future of sustainability through technology and the digital transformation landscape. With a vision to drive profound change and ignite the possibilities of a better future, Sirius International Holding comprises of more than 20 subsidiaries globally, each contributing to shape today’s health, climate and digital eco-system.
www.siriusholding.com