Crane Fleet (15 Units Total) in Hong Kong

STEP 1 – REGISTER
Click the ‘Register” link above to complete your registration. Once we review your registration, your bidder number will be emailed to you for use on this auction. Please be certain to review the Terms of Sale, along with any Sale Specific Terms before registering.

STEP 2 – VIEW ITEMS
• Click on the “View Items” link above to browse the auction catalog.
• Click on “My Items” to view all items, items won, items not won, items you are currently bidding on and any items on your watchlist.

STEP 3 – BID
Enter a maximum of what you are willing to pay next to “Place max bid” and submit.
• The system will start your bid at the lowest available increment and bid for you.
• You can place multiple bids per page by entering all your max bids on each lot then scrolling to the bottom of the page and click on “Place multiple bids”; however, changing pages will clear your bids.

Important Bidding Notes:
• Items will close at a rate of 1 Lot every  20 minutes (varies by auction).
• An item’s closing time will extend by 3 minutes when bidding occurs within the last 3 minutes of its scheduled closing.
• If you submit a bid prior to the auction you will be notified if you are out bid. During the auction, it is up to the auctioneer’s discretion to keep the outbid notice on/off.

STEP 4 – PAY
All payments are due within 5 days of receipt of invoice.

Buyer is responsible for any bank charges incurred for processing wire transfers (Please note that it is common for your bank as well as intermediate banks to charge a fee).

STEP 5 – REMOVAL
All buyers are required to schedule and coordinate loadout through Tiger by contacting:
Simon Lovett at +1 281-543-5657, slovett@tigergroup.com
Cory Ogden at (+971) 58 553 6968, cogden@tigergroup.com

TERMS AT-A-GLANCE

EXPORT ONLY: These assets are located within a Hong Kong Free Port facility and must be exported from Hong Kong. Domestic sale or delivery within Hong Kong is not permitted.

SELLER APPROVAL & FINAL SALE: All high bids are subject to Seller review and approval in the Seller’s sole discretion. A sale is not final until the Buyer receives written or electronic confirmation of Seller approval. Once approved, the sale is binding, final, and non-cancellable. All items are sold strictly “as-is, where-is,” with no warranties or guarantees. Buyers are encouraged to inspect items before bidding.

PAYMENT: All payments are due in full via wire transfer within 5 business days of Invoicing. Buyer is responsible for any bank charges incurred for processing wire transfers (Please note that it is common for your bank as well as intermediate banks to charge a fee).

BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the winning bid and included in the Invoice.

HONG KONG TAXES: Hong Kong does not impose VAT, GST or customs duty on the export of industrial equipment. Buyers should note that import duties, VAT, GST or similar taxes may apply in the destination country and remain the Buyer’s responsibility.

EXPORT COMPLIANCE: Buyers are responsible for ensuring compliance with all applicable export control laws, sanctions regulations and import requirements applicable to the destination country.

INSPECTIONS: Available with a minimum of 24 hours of advance notice.

REMOVAL: Removal and loadout assistance is available at the port. All coordination, scheduling and associated costs, including labor, lifting equipment, rigging, port handling charges and any other removal expenses, are the sole responsibility of the Buyer.

ALL ITEMS SUBJECT TO PRIOR SALE: Auctioneer has the right to add or delete lots for the sale at any time as well as to cancel the sale entirely or sell in bulk.

TAX EXEMPTION: Buyer represents and warrants that any resale or exemption certificate provided is valid and applicable to the purchase. Buyer agrees to indemnify and hold harmless Seller and Auctioneer from any tax liability arising from invalid exemption claims.

Wire Instructions