11/2/2022 0 Comments Cargolifter cl160Commercial operation is expected to start by the year 2005. The company will sell the service and not the airship, which is being built at a cost of 100 million euros. The CargoLifter executives said the company is looking for further investors to broaden the shareholder base. Talking to Arab News during a visit to Jeddah, the two managing directors regard the potential for this transport system very high given the Kingdom’s privatization drive and the opening up of new business avenues including larger power generation units, oil industry installations, offshore energy projects and shipment of goods from port to site locations. They said the business community and officials have so far shown high level of interest in the project. Two of the company executives, Dirk Steffes and Peter Lennemann are currently visiting the Kingdom to present the airship to the Saudi market. The giant CL160 and CL75 AirCrane by the Frankfurt-based CargoLifter company are designed to carry extra load over long distances in the shortest possible time compared to other means of transport. The company sold one to HeavyLift Canada (a company in which it has a 20% stake), which intends to use it for hauling oil rigs over the tundra.JEDDAH, 15 May- Taking advantage of the privatization and expansion of the Kingdom’s huge energy sector and the growing market potential for transportation this would entail, German manufacturers have introduced to potential Saudi partners and authorities a flying airship that can carry up to 75 tons non-stop over a distance of 3,500 kilometers. In the meantime CargoLifter has a stopgap product-the CL75, a $10 million balloon meant to be dragged through the air by ropes and tractors. Von Gablenz says the company will issue up to $40 million in convertible bonds, and the German government appears poised to offer additional aid. In March the German press predicted the company would be out of money come April. But with no ships and the construction costs mounting, CargoLifter shares plunged 75%. Since then a team of some 260 engineers (including the cream of the world's airship designers) has puffed away. The German government provided subsidies and made available a former Soviet airfield as the hangar site, in exchange for CargoLifter's commitment to create jobs. Siemens, Mitsui and other industrial manufacturers expressed interest, a big reason CargoLifter, by May 2000, had amassed the largest private placement in German history. You could pick up a turbine in Stuttgart, say, and drop it in Brazil. A lawyer and professor of global logistics, Von Gablenz came up with the idea of a vehicle that could float giant industrial components right past all the railroad tunnels and highway overpasses that create nightmares for ground transport planners. The ships, the shed and the shop itself are all brainchildren of CargoLifter says the building will serve not just as a hangar but as the manufacturing site for the first of 50 giant CL160 airships, so called because each ship will lift 160 metric tons (352,800 pounds). So big, in fact, that designers had to consider the possibility of cloud formations inside. It's a heck of a hangar-the largest building in the world without internal supports-1,200 feet long, 660 feet wide, 330 feet tall.
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