Selling: Selling by auction
Online auctions deliver an innovative and effective sales option with remarkable results.

The combination of proven marketing strategies, a user-friendly website, and online access to shipping decision makers will help you benefit from TradeWinds ShipX service.

Auctions draw attention, and ShipX online auctions draw global attention.

Ultimately, our objective is to help the buyer who values the auction object the most make a purchase. Our auctions lets serious buyers determine how long the auction will continue and to what price it will end.

What are the benefits of selling my assets using the Online Auction method?
Selling assets through an online auction allows Sellers to quickly dispose of standing inventory, cut carrying costs, and receive orders from new trading partners. Sellers also benefit from the extensive marketing campaign an online auction delivers. Furthermore, online auctions draw the highest number of potential buyers by eliminating any barriers to entry. Rather than having to show up at a specific venue on a certain day, bidders can participate from anywhere in the world and from the convenience of their own computer. The seller determines the point of sale and helps arrange inspections as required.

What types of assets does ShipX auction?
Our users may market vessels, machinery, equipment and surplus inventory utilized by commercial shipping.

How will my assets be marketed?
ShipX will help you reach new prospects in commercial shipping through these marketing channels:
  • Direct links to auctions from TradeWinds online news website
  • Promotion through Google, both through organic and paid searches
  • Promotion through Twitter
  • Email promotion to our users
  • Automatic email notification based on buyers search agents
  • Optional print advertisements in TradeWinds print edition
  • TradeWinds serves more than 1 million web pages each month, and the popularity of our pages helps your listing feature high on Google searches.

    Can I select who will be able to see my auctions?
    A seller may decide to arrange a Private auction, where the seller maintains a private list of approved bidders. Only pre-approved and invited buyers will be able to see and bid on these assets, at the sellers sole discretion.

    We may make arrangements for bulk upload of assets when volumes justify this option.

    How can I get started?
    Sign up, then follow the instruction on how to upload information and post your asset for sale.

    As a seller, you should build trust by providing extensive information, 3. party inspection reports and options whereby prospective bidders may conduct their due diligence. You determine the minimum bid, and set the reserve price. Any buyer has to meet your reserve price in order to win an auction.

    The Escrow service reduces potential fraud risk for buyer and seller alike. Feel free to contact us if you have any questions at all.

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    • Contact us

    • ShipX AS co
      20 Upper Circular Road
      The Riverwalk 04-04
      Singapore 058416

      Phone: +65 6557 2305