A revolutionary new way of moving boxes
DP World has signed a Memorandum of Understanding (MoU) with US-based Hyperloop One to explore the value of using innovative Hyperloop systems to move cargo around between its ports.
Hyperloop One is developing the world’s first Hyperloop, an elegant, integrated structure to move passengers and cargo between two points safely, efficiently and sustainably.
DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem said: “By testing the Hyperloop technology at Jebel Ali for cargo use, we’re taking a first step in exploring new ways of enabling trade and underlining Dubai’s commitment to innovation.”
“The potential to use these kind of technologies in emerging markets outside the UAE such as Africa and Asia with large land mass is significant.”
The collaboration will focus on feasibility studies that analyse the value of using Hyperloop systems in the UAE, with an initial focus on moving containers from ships docked at DP World’s flagship Jebel Ali Port via the Hyperloop tube to a new inland container depot in Dubai.
The initial study will focus on efficient handling of containers, costs, benefits, demand and volume patterns of moving cargo using the new technology.
Rob Lloyd, CEO, Hyperloop One, said: “This partnership allows us to embrace the innovation of the UAE and to utilise the creativity of DP World, while expanding the variety of use cases for Hyperloop.”
“The UAE has taken a leadership role in pushing global transportation solutions to the forefront and we believe that it is the perfect market for Hyperloop.”
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