CAPTION: Dirk Ahlborn, CEO of Hyperloop Transportation Technologies, and Angela Titzrath, CEO of Hamburger Hafen und Logistik AG (HHLA). (picture alliance/Daniel Reinhardt/dpa)
The German port company HHLA and the US start-up Hyperloop Transportation Technologies (HTT) are working together on a new system to transport containers at high speed. The two firms created a joint venture named Hyper Port Cargo Solutions for the project on Wednesday in the German city of Hamburg.
Initially foreseen is the development of a transport capsule for standard shipping containers and a 100-metre-long tube test track, as well as the installation of a transfer station - likely at the container terminal Altenwerder - said the chief executives of the two companies, Angela Titzrath (HHLA) and Dirk Ahlborn (HTT).
The joint venture is funded with 7 million euros.
Originally, it had been the idea of automotive and space pioneer Elon Musk (Tesla/SpaceX) to transport people at almost sonic speed between two cities in a capsule.
"As 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," Titzrath said.
The capacities of the HHLA terminals in Hamburg are also meant to be used more efficiently. The new system could handle up to 4,100 additional containers per day, according to Titzrath. The goal is to launch it in 2021.
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