Hyperloop Transportation Technologies and Port of Hamburg create joint venture

The Hyperloop Transportation Technologies (Hyperloop TT / HTT) and the Port of Hamburg operating company, Hamburger Hafen und Logistik Aktiengesellschaft (HHLA), have set up a joint venture. This new structure will focus on integrating the latest innovations in container transport with Hyperloop technology for the port of Hamburg, one of the largest ports in Europe. The goal for the joint venture is to develop and commercialize a new Hyperloop transport system for operations in seaports as well as for domestic transport. A first study will be launched on the connection of a freight system by Hyperloop to connect the HHLA container terminal to the inland container parks. This will strengthen the port’s capacity by reducing congestion in the port area and the city and lowering the port’s carbon footprint. The construction of a transhipment station for testing at the HHLA terminal in Hamburg, including a first 100 meter freight line as well as a special cargo capsule and loading dock, should follow very fast.