Facts and figures
www.netbid.com is one of Europe's largest online platforms for the marketing of investment goods.
- Publicly accredited and sworn auctioneers and appraisers
- Leading European marketplace for online auctions since 1999
- More than 100,000 visitors per month
- More than 60,000 bids per year
Information for buyers - Buying in just a few simple steps
- 1Brief details available online of the vessel that is for sale
- 2Register to access full details & arrange possible physical inspection/online class record access for a specific ship
- 3Request a bidding number for a specific ship to access Sellers Terms and to place online an initial price bid (along with an a/e offer based on provided Sellers Terms)
- 4First round offers are invited until a set deadline. Price bids are placed online with the received anonymous bidding number. Once deadline is over, Sellers will shortlist buyers for final auction round
- 5Terms will be negotiated until RECAP stage with shortlisted Buyers upon which the Auction round initiates for 24 - 48 hours (duration case by case). Only pricing takes place at this stage online - final deadline shifts by 30 minutes if bids received within 30 minutes prior to auction end
- 6Auctions closes once no more bids are received within last the 30 minutes. Sellers shall then inform the party that has been awarded the vessel. Sales procedure commences from then as per usual S&P practise
Online auction of second hand vessels
VesselBid is an associated company of Netbid Industrie-Auktionen AG, Hamburg (NetBid). NetBidis one of the leading online auction houses. Every day, NetBid's online marketplace www.netbid.com hosts sales and auctions of used machines and equipment. Due to our constant interest in expansion and customer adaptation, we have established VesselBid which will allow us to offer our services, knowledge and sales capabilities to a broader spectrum of clients throughout various industries; specifically now within the Maritime sector. For VesselBid, NetBid has teamed up with a leading German maritime lawyer and a S&P Broker. The idea is to offer transparent selling and pricing for sellers and buyers when selling vessels.
Our maritime specialists are in close dialog with selected industry players in order to offer exclusive second hand vessels for sale and auction that predominantly arise due to bankruptcies or financial difficulties of vessels; we also welcome any direct sellers of vessels to approach us and use our expertise. Our focus is on the sale and auctioning of vessels that operate within the most commonly known commercial segments i.e. Container, Bulker, Tanker and General Cargo/Multi-Purpose vessels.