Joint venture to establish hyperloop in Hamburg
December 11, 2018
California-based Hyperloop Transportation Technologies is bringing its container movement innovations with hyperloop technology into Hamburg, the largest rail port in Europe.
Through a joint venture with Hamburger Hafen und Logistik Aktiengesellschaft (HHLA), a container terminal operator in the port of Hamburg, the company will also bring this technology to ports, shipping and logistics companies around the world.
"Together with HHLA, this joint venture will be able to develop a commercial product that fills a missing need in the port industry," said Bibop Gresta, chairman and co-founder of Hyperloop TT. "We have one of the best possible partners to bring this to market globally."
The joint venture will develop and bring to market a hyperloop transport system for seaport and inland shipping container operations. The project will begin with an initial study on connecting a cargo-based hyperloop system from an HHLA container terminal to container yards further inland, thereby expanding the port's capacity, while reducing congestion within the port and city area, and lowering the carbon footprint of the port.
"With the hyperloop transport system, HHLA is pursuing the goal of developing an additional component of efficient logistic mobility in Germany," said Angela Titzrath, chair of HHLA's executive board. "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."
Initially, the construction of a transfer station for testing purposes at an HHLA terminal in Hamburg is planned, including an initial 100m cargo route along with a special freight capsule and loading dock.
For many decades, HHLA has been leading the way in port innovations. In the late 1990s, the company was the first to introduce GPS and automated port operations. In 2001, it was one of the first terminal operators to incorporate self-driving vehicles into daily operation.
"HHLA has a long history of innovation," said Dirk Ahlborn, CEO and co-founder of Hyperloop TT. “Years before we were talking about self-driving vehicles, 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."
HHLA is a European port and transport logistics company with a tight network of container terminals in Hamburg, Odessa and Tallinn, hinterland connections, and intermodal hubs in central and Eastern Europe.
Hyperloop TT is focused on realising the hyperloop, a system that moves people and goods at unprecedented speeds safely, efficiently and sustainably. Through the use of patented technology and a business model of lean collaboration, open innovation and integrated partnership, Hyperloop TT is creating and licensing technologies.
Founded in 2013, Hyperloop TT is comprised of more than 800 engineers, creatives and technologists in 52 multidisciplinary teams, with 40 corporate and university partners. Headquartered in Los Angeles, it has offices in the UAE, Slovakia, France, Brazil and Spain. Agreements have been signed in the USA, UAE, Brazil, France, India, China, Korea, Indonesia, Slovakia, Czech Republic and Ukraine.