Connect with us

Hi, what are you looking for?

Business

Giant airships to aid oil, gas and mining industries

Bethesda, Maryland-based Lockheed Martin announced on Tuesday it had received a letter-of-intent to sell 12 hybrid airships, valued at $480 million, to Straightline Aviation (SLA), headquartered in the United Kingdom. SLA is working with Hybrid Enterprises, Lockheed Martin’s Hybrid Airship reseller, to finalize the purchase agreement.

According to CTV News, Straightline expects to start receiving the hybrid airships in 2018, with the final ones set for delivery in 2021. The giant airships will be over 300 feet long, with an airspeed of about 110 kilometers an hour (68 mph) and a cargo capacity of 20 tons.

CBC News Canada is reporting the hybrid airships will be deployed in Canada’s north, Alaska, southeast Asis and the Middle East. The huge airships will provide a much needed boost to local economies while leaving a very small carbon footprint.

“We are delighted to be first in line with this magnificent aircraft that is going to dramatically change the way cargo is moved around the world,” Mike Kendrick, SLA co-founder and chief executive officer was quoted as saying by Yahoo Finance. “The clear-cut economic and environmental advantages of these Hybrids are attracting vast amounts of attention from a wide range of potential end users.”

The big zeppelins have long been thought to be the best way to cut the costs associated with moving large pieces of machinery to the far north where no roads exist. “People are waiting for this because they need the economies that it brings and are also happy that the carbon footprint is reduced,” Kendrick said.

Rob Binns, the chief executive officer of Hybrid Enterprises says the downturn in Canada’s oil sector that has resulted in commodity prices dropping through the floor and the loss of thousands of jobs isn’t expected to hurt business. He says they have seen almost the opposite effect.

He points out that “people in the extraction industry have cut their costs, they’ve cut their head count, and they’ve eliminated projects that are cash flow negative.”

Binns says the airships can be fitted to deliver diesel fuel, meaning ice roads aren’t needed. There is no need to build bridges, because the airships can land right on the ice. “This is a way to service those mines all year round. With the airships we can deliver to the mines 340 days a year.”

Avatar photo
Written By

We are deeply saddened to announce the passing of our dear friend Karen Graham, who served as Editor-at-Large at Digital Journal. She was 78 years old. Karen's view of what is happening in our world was colored by her love of history and how the past influences events taking place today. Her belief in humankind's part in the care of the planet and our environment has led her to focus on the need for action in dealing with climate change. It was said by Geoffrey C. Ward, "Journalism is merely history's first draft." Everyone who writes about what is happening today is indeed, writing a small part of our history.

You may also like:

World

The world's biggest economy grew 1.6 percent in the first quarter, the Commerce Department said.

Business

Electric cars from BYD, which topped Tesla as the world's top seller of EVs in last year's fourth quarter, await export at a Chinese...

World

Former US President Donald Trump attends his trial for allegedly covering up hush money payments linked to extramarital affairs - Copyright AFP PATRICIA DE...

World

Copyright POOL/AFP Mark SchiefelbeinShaun TANDONUS Secretary of State Antony Blinken called Thursday on the United States and China to manage their differences “responsibly” as...