Hyperloop Transportation Technologies (HyperloopTT / HTT) has formed a new joint venture (JV) with Hamburger Hafen und Logistik Aktiengesellschaft (HHLA) to address multiple issues faced by the shipping industry.
The JV will aim to combine new container movement innovations with hyperloop technology for use in the Port of Hamburg, which is operated by HHLA.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The company is also expected to bring this new technology to ports, shipping, and logistics companies across the globe.
HyperloopTT CEO and co-founder Dirk Ahlborn said: “HHLA has a long history of innovation.
“Years before, we were talking about self-driving vehicles and containers moved autonomously in Hamburg.
“Together, we will develop a complete system that not only concentrates on speed and efficiency, but also takes into account the issues ports face in daily operation.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe new JV will look to develop and launch a Hyperloop transport system for seaport and inland shipping container operations.
At the outset, a study will be conducted to examine the feasibility of connecting a cargo-based Hyperloop system from an HHLA container terminal to container yards situated further inland.
This planned project is anticipated to reduce congestion within the port and the city, as well as minimise the port’s carbon footprint.
The JV also plans to build a transfer station for testing at a HHLA terminal in Hamburg, Germany. It further expects to develop an initial 100m cargo route along with a special freight capsule and loading dock.
HHLA Executive Board chairwoman Angela Titzrath said: “With the Hyperloop transport system, HHLA is pursuing the goal of developing an additional component of efficient logistic mobility solutions in Germany.
“As a gateway to the future, we want to employ innovative approaches to make a contribution towards relieving the strain on the transport infrastructure in and around the Port of Hamburg, and to use the capacities of our terminal facilities in an even more efficient way.”
As part of the company’s effort in port innovations, HHLA incorporated self-driving vehicles into daily operation in 2001, among other initiatives.
