In pictures: Launch of hyperloop-enabled cargo transport "DP World Cargospeed"

Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum attended the launch of DP World Cargospeed, a new global company created through a partnership between global trade enabler DP World and Virgin Hyperloop One, to provide hyperloop-enabled cargo systems to support the fast, sustainable and efficient delivery of palletised cargo.
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Dubai's giant port operator DP World on Sunday joined hands with Virgin Hyperloop One to create a global firm that will build high-speed cargo delivery systems.
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Sheikh Mohammed, Ruler of Dubai, Richard Branson, CEO, Virgin Group and Sultan Ahmed bin Sulayem, chairman DP World attending the launch of DP World Cargospeed.
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Richard Branson, CEO, Virgin Group, Sheikh Mohammed, Ruler of Dubai and Sultan Ahmed bin Sulayem, chairman DP World attending the launch of DP World Cargospeed.
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The new company, DP World Cargospeed, will create futuristic transport systems using Hyperloop's tube-based technology to deliver goods and link existing road, rail and air transport infrastructure.
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The use of hyperloop pods to transport cargo has the potential to revolutionise the logistics industry by shipping goods faster – and considerably cheaper – than current methods.
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Ahmed bin Sulayem, CEO of DP World, speaks in Dubai on April 29, 2018, during the unveiling of the DP World CargoSpeed a partnership to build a hyperloop system for cargo in the UAE.
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Sir Richard Branson, CEO of the Virgin group, speaks in Dubai on April 29, 2018, during the unveiling of the DP World CargoSpeed a partnership to build a hyperloop system for cargo in the UAE.
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Virgin Hyperloop One chief technology officer and board member Josh Giegel with Richard Branson, CEO Virigin Group, at the launch in Dubai.
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CNBC's Middle East anchor, Hadley Gamble, Sir Richard Branson, Founder, Virgin Group and Chairman, Virgin Hyperloop One and Sultan Ahmed Bin Sulayem, Group Chairman & CEO, DP World attend DP World Cargospeed launch aboard the Queen Elizabeth 2 in Dubai.
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CNBC's Middle East anchor, Hadley Gamble, Sir Richard Branson, Founder, Virgin Group and Chairman, Virgin Hyperloop One and Sultan Ahmed Bin Sulayem, Group Chairman & CEO, DP World attend DP World Cargospeed launch aboard the Queen Elizabeth 2 in Dubai.