US-based Hyperloop One has collaborated with DP World to carry out an economic and technical feasibility study to build a hyperloop route In Dubai, United Arab Emirates.
The feasibility study will look into the possibility of Hyperloop technology to improve the efficiency, profitability and sustainability of DP World's Jebel Ali port in Dubai.
Hyperloop features an integrated structure that helps move passengers and cargo between two points immediately, safely, efficiently, and sustainably.
The feasibility study will evaluate the business case for using Hyperloop One technology to shift freight from container ships docked at Jebel Ali to a planned DP World inland container depot.
Additionally, the study will offer preliminary details on the design, investment as well as operating costs and potential project finance solutions of the hyperloop route.
DP World group chairman and CEO Ahmed Bin Sulayem said: "Hyperloop One is developing a new mode of transportation that will allow the world to transport people and goods inexpensively, safely, and with energy efficiency at speeds never thought possible.
"It is an innovative solution that holds tremendous potential for enhancing our operational efficiencies and ensuring smoother and faster trade flows.
“As a global trade enabler, we think ahead and foresee the future by being ready for it. The Hyperloop is an excellent example of positive future change and growth."
With the hyperloop route, DP World will be able to redirect cargo to a new inland hub and can provide more space at Jebel Ali for commercial use.
The port will also be able to use an underwater floating Hyperloop, adjacent to its new Terminal 4, built on a man-made island.
Hyperloop One is currently conducting feasibility studies in Russia, Finland and Sweden, Switzerland and the Port of Los Angeles and Long Beach, US.
Image: Hyperloop One, Dp World sign agreement to pursue a hyperloop route in Dubai. Photo: courtesy of PRNewsFoto/Hyperloop One.