Marine Auctions Forthcoming Online Auctions
by Marine Auctions 7 May 2019 15:38 PDT
23-29 May 2019
Marine Auctions Forthcoming Auctions - Cara 60 © Marine Auctions
Please find details below of Marine Auctions May Online Auction. The bidding for May Online Auction commences of Thursday 23rd May and will end on Wednesday 29th May 2019 at 2PM AEST. Extended bidding applies to this Online Auction.
Please note the Mustang 3800, has been Sold Prior to the Auction.
The 2003 60ft Cara, 2007 40ft Capricorn Classic, and the 2003 4800 Sunrunner, will be on display at the Sanctuary Cove International Boat Show, from Thursday 23rd May until Sunday 26th May 2019.
View or register for the Online Auction at www.marineauctions.com.au then click on View/Register.
Download Marine Auctions Forthcoming May Online Auction Brochure here.
Do "Marine Online Auctions" create more interest than Private Sales or has the demand for some types of vessels dropped considerably in the last 12 months?
In May 2018 we sold a High-Speed landing Barge named "TY FORCE" at our Online Auction and we had around 35 inquiries about the vessel.
For the last 30 days we have advertised a High-Speed Landing Barge named "J FORCE", for Private Sale which is the sister ship to "TY FORCE" and is exactly the same as J FORCE. To this date we have only received 8 inquiries.
So the question is, do Marine Online Auctions create more interest than Private Sales or has the demand for vessels declined considerably in the last 12 months?
We believe that the Marine Online Auction method of sale creates more interest and for that reason, we will be offering the High-Speed Barge for sale in our May Online Auction.
Boat Insurance
When insuring your vessel it is very important that you are insured for the correct amount. In the event of a loss, complications may arise if the vessel is under or over insured. There is no point insuring your vessel at a market value of say $300,000 when the true value is only around $250,000.
We would highly recommend when you insure your vessel that a consideration be given to insuring your vessel at an Agreed Value Cover.
If you require any information regarding Marine Insurance, contact; Jo on (07) 3268 3614 email,
Marine Valuations
For a valuation of any type of vessel, contact; Marine Valuations a division of Marine Auctions Pty Ltd. Phone, + 61 (0) 418 783 358 or
Adrian Seiffert,
Certified Practising Valuer. Certificate in Vessel Valuation- Lloyd's Maritime College.
USA Inquiry Increases
We have noticed recently that we are getting more inquiries from the USA regarding the vessels we are offering for sale at our Online Auctions, this is no doubt due to the Australian Dollar that is now around 70 US cents, and also our database of around 600,000 email addresses. It looks like the days of the Grey Imports have long gone, and it maybe now the start of the Green Exports.
Offshore Platform Supply Vessel Required
We have a client looking for Off Shore Platform Supply Vessel, with a length of around 250 to 300ft and a beam of around 55 to 60ft, with a DWT of around 4,500 to 5,000. Must be no older than 10 years of age and in Class.
Looking for a Real Estate Investment, using a vessel as Part Payment.
We have a client that has 7 fully furnished units on large parcel of land for sale in Blackall, Queensland, asking $395,000 and returning around $35,500 pa. Will consider 45ft to 50ft Liveable type vessel to around $150,000 as part payment.