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16 August 2016
Dubai's DP World, one of the world's biggest port operators, said on Tuesday it has launched a study into the possibility of using high-speed hyperloop technology to transport containers from Jebel Ali Port to a planned inland storage depot.
As part of a Memorandum of Understanding with Los Angeles-based firm Hyperloop One, DP World will launch a feasibility study to analyse the merits of building a hyperloop tube at its flagship port in the United Arab Emirates (UAE), which if proven feasible could be rolled out to its global operations.
"The initial study will focus on efficient handling of containers, costs, benefits, demand and volume patterns of moving cargo using the new technology," the port operator said in a press statement.
A hyperloop is a system that uses a subsonic propulsion tube inside a low-pressure pipe, which can propel passengers or cargo between two stations at speeds of up to 1,200 kilometres per hour.
"The world is changing at a pace never seen before in our history and we intend to be part of a new revolution in transport, connecting markets and economies around the world," DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem was quoted as saying.
"This is an example of leading innovation in our industry and pushing the boundaries in the delivery of goods. 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," he added.
DP World is the latest company in the UAE to embrace hyperloop technology. Earlier this month, the Dubai Future Foundation announced that around one hundred top engineers from around the world will converge in Dubai in September for a 48-hour competition to design a futuristic hyperloop transport system.
The event will challenge participants to come up with a system to transport passengers at speeds of up to 1,200km/h across the UAE.
(Writing by Shane McGinley)
RELATED PODCAST: DP World partners with Hyperloop One
Zawya 2016
Dubai's DP World, one of the world's biggest port operators, said on Tuesday it has launched a study into the possibility of using high-speed hyperloop technology to transport containers from Jebel Ali Port to a planned inland storage depot.
As part of a Memorandum of Understanding with Los Angeles-based firm Hyperloop One, DP World will launch a feasibility study to analyse the merits of building a hyperloop tube at its flagship port in the United Arab Emirates (UAE), which if proven feasible could be rolled out to its global operations.
"The initial study will focus on efficient handling of containers, costs, benefits, demand and volume patterns of moving cargo using the new technology," the port operator said in a press statement.
A hyperloop is a system that uses a subsonic propulsion tube inside a low-pressure pipe, which can propel passengers or cargo between two stations at speeds of up to 1,200 kilometres per hour.
"The world is changing at a pace never seen before in our history and we intend to be part of a new revolution in transport, connecting markets and economies around the world," DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem was quoted as saying.
"This is an example of leading innovation in our industry and pushing the boundaries in the delivery of goods. 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," he added.
DP World is the latest company in the UAE to embrace hyperloop technology. Earlier this month, the Dubai Future Foundation announced that around one hundred top engineers from around the world will converge in Dubai in September for a 48-hour competition to design a futuristic hyperloop transport system.
The event will challenge participants to come up with a system to transport passengers at speeds of up to 1,200km/h across the UAE.
(Writing by Shane McGinley)
RELATED PODCAST: DP World partners with Hyperloop One
Zawya 2016
