SAP Fiori launchpad designer error No service found for namespace /UI2/, name TRANSPORT, version 0001

Hello Community,

Could you please give me a solution for the above error I am getting when trying to launch the launchpad designer for Fiori.

The URL I am using for this is: http://<hostname>/sap/bc/ui5_ui5/sap/arsrvc_upb_admn/main.html

Thank you!!