Ritchie Bros. Auctioneers have concluded the results of the sale of the PacifiCat catamaran fast ferries. The three vessels, which sold for a total of $13 million within 10 minutes, also involved ancillary equipment auctioned
off for $650,000 – for total auction proceeds of $13.6 million. The ferry trio was purchased by one buyer, who has decided to remain anonymous, while the ancillary equipment was bought by a group of nine different buyers.
According to David Ritchie
, chairman and CEO of Ritchie Bros.
Auctioneers the vessels were not a hard sell. “Without exception, the potential bidders who inspected the vessels were impressed with the excellent state in which the vessels has been maintained,” he said.
, president and COO commented on Ritchie Bros. successful marketing efforts toward the vessels’ auction, which according to the company, attracted tens of thousands of potential buyers from
around the globe; several hundred of whom were engaged in detailed discussions prior to the auction. According to Wall, “There were seven groups from North America
and the Middle East
, who cleared our (Ritchie Bros.’) financial screening process, made the mandatory $2 million deposit and registered to bid at the auction.”