Cranes and more up for auction at Ritchie Bros on May 16-17, 2017.
All terrains, rough terrains, crawlers and hydraulic truck cranes - more than 30 of them are being featured in Ritchie Bros' unreserved auction in Dubai on May 16-17, 2017. At the two-day event, many hundreds of heavy equipment items, trucks and more will all be sold to the highest bidders - anyone can join, place bids and become the highest bidder.
Highlights and inventory
Some of the crane highlights of the auction include:
200 tonne Crawler Crane.
The auction is unreserved, meaning that all items are sold on the auction days without minimum bids or reserve prices. It will always sell, regardless of price. Bidders can register to bid in-person at the Dubai auction site, live online via rbauction.com or by proxy.
The full and up-to-date inventory with photos and details can be viewed on the company website. Ritchie Bros encourages interested buyers to come over and personally inspect items of their interest during the auction viewing days, preceding the auction days.
World's largest auctioneer
Ritchie Bros is the world's largest auctioneer of heavy equipment and holds several auctions in Dubai each year at its site in the Jebel Ali Freezone. More than 1,700 equipment items, cranes, trucks and other items were sold at its previous Dubai auction.
The event attracted more than 970 bidders from 73 countries, including 440+ from the UAE.
In 2016, close to 400,000 equipment items changed hands through the company's auctions, totalling at US$ 4.3 billion. After the company was founded in Canada in the late 1950's, Ritchie Bros' unreserved auctions quickly expanded over the globe. That's no coincidence: Ritchie Bros' auctions are known for their fairness and transparency.
There are no minimum bids or reserve prices on the items being sold. Everything always sells to the person that bids the most, regardless of the final selling price. Getting a good deal on quality equipment is what attracts many people to Ritchie Bros' auctions.
Auction in real-time
The company's site in Dubai, UAE, is a powerful international hub, that brings buyers and sellers together from 70+ countries. People still travel to place bids in person, but nowadays, with the omnipresence of internet, it is easier than ever to join online and buy the equipment one needs. On the Ritchie Bros website, one can easily register (free), follow the auctions in real-time, and place bid on items of choice.