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Mycrane launches tool to ease crane rental process

Gulf Construction

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August 2025

MYCRANE, the first global platform for online crane rental, has announced that it has launched a powerful new Mycrane Auction feature, designed to improve transparency, accelerate rentals and deliver greater value for both customers and suppliers.

Mycrane launches tool to ease crane rental process

The new tool, Mycrane Auction supports multiple auction types - including reverse auctions, forward auctions and sprint formats - giving customers full flexibility in how they engage with suppliers.

At launch, the reverse auction format is expected to be the most commonly used, particularly for high-value, urgent, or competitive rental jobs, said Mycrane.

Accessible via the main rental platform, the system enables users to receive live bids from verified equipment providers in real time. This dynamic bidding process not only helps customers achieve cost savings - often in the range of 10 to 20 per cent - but also reduces procurement timelines by as much as 60 per cent, according to Mycrane projections.

“From day one, Mycrane has sought to simplify and modernise the crane rental process,” said Andrei Geikalo, Mycrane founder and CEO. “With the introduction of our auction module, we’re taking another big step forward – offering customers complete visibility of supplier pricing in real time, while helping our partners compete on a level playing field.”

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