DP World, one of the world’s largest port operators, announced it has signed a memorandum of understanding with US-based Hyperloop One to explore the role of innovation in the future of world trade.
The collaboration is for feasibility studies that analyse the value of using Hyperloop systems in the UAE. The initial focus in phase 1 will be on moving containers from ships docked at DP World’s flagship Jebel Ali Port via the Hyperloop tube to a new inland container depot in Dubai.
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