Auction Services

At Octopus SPC, we understand that securing the maximum return from a judicial auction is essential. If a debtor’s vessel is in Southern African waters and subject to arrest, we’re here to ensure the process runs smoothly and successfully, with your interests at the forefront.

• Why Choose Octopus SPC?

  We have extensive experience in facilitating vessel auctions, combining industry expertise, strong legal partnerships, and innovative auction methods to deliver optimal results. Here’s why Octopus SPC is your ideal partner:

  • Legal Expertise at Competitive Rates
    Our close relationships with top maritime attorneys enable us to secure the best legal representation and services for you at highly competitive rates. We handle all the complexities, from vessel arrest to auction completion.
  • Seamless Auction Participation
    We offer a dual participation auction method where bidders can attend in person or participate online via live feed. This allows international bidders to engage in real-time, increasing competition and boosting auction prices.
  • Expert Auctioneer on Board
    Our team includes one of the best auctioneers in the industry, skilled at building excitement and driving up bids to achieve the highest possible sale price.
  • Priority Surveying Services
    Partnered with a recognized and reputable surveying company, we ensure inspections are carried out without delay. This guarantees vessels are auction-ready at reasonable rates, keeping the process efficient.
  • Extensive Marketing Network
    We have a vast network of ship owners, operators, and brokers. This wide reach allows us to promote the vessel to the right audience, increasing demand and securing the highest possible return.

  Focused on Southern African Waters

  We specialize in arresting and auctioning vessels in Southern African countries, including South Africa, Namibia, Mozambique, and other regional ports. Our deep understanding of the local regulatory environment ensures a smooth process, from the initial arrest to the final sale.