Bay Crane Companies to Offload Major Fleet Assets at Absolute Auction in October

## Bay Crane Companies to Offload Major Fleet Assets at Absolute Auction in October Bay Crane Companies has selected Jeff Martin Auctioneers to conduct a large-scale live absolute auction as part of a strategic fleet update, according to a PR Newswire announcement dated September 23, 2026. The sale, designated the 'Bay Crane Companies – Absolute Strategic Fleet Update Auction,' is scheduled for Tuesday, October 20, in Columbus, Ohio. The decision to pursue an absolute auction format — in which all items are sold to the highest bidder regardless of reserve price — signals a firm commitment by Bay Crane to liquidate existing fleet assets rather than seek negotiated private sales. This approach typically attracts a broad field of competitive bidders and is commonly employed when companies undertake decisive fleet modernisation programmes. Bay Crane Companies is a well-established name in the heavy lift and crane services sector, providing equipment and operational support to port, construction, and industrial clients across the United States. Fleet renewal exercises of this scale often reflect shifts in operational strategy, evolving customer requirements, or the need to transition to newer, higher-capacity equipment capable of meeting increasingly demanding project specifications. Jeff Martin Auctioneers, the firm selected to manage the sale, is a recognised specialist in heavy equipment and industrial asset auctions, bringing established buyer networks and auction infrastructure to the event. For maritime and port industry professionals, auctions of this nature represent a notable opportunity to acquire proven heavy lift equipment — including harbour cranes, mobile cranes, and associated lifting gear — at competitive market prices. Port authorities, terminal operators, and marine contractors routinely monitor such sales as a cost-effective route to fleet expansion or supplementary capacity. Full details of the equipment lots and registration information for the October 20 auction are expected to be made available through Jeff Martin Auctioneers in the weeks ahead. *Source: PR Newswire / Bay Crane Companies*