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This lot sold for $150,000 at government auction in Wilmington, NC on September 19, 2026.
Current bid:
$150,000
Time Left
Ends Sep 19, 2026
Market demand: Vehicles in North Carolina sell about 90% of the time, typically ~23 bids. Based on 1,851 completed sales over the last year.
Cape Fear Community College, NC
Condition: As-is
CFCC is offering the R/V CAPE HATTERAS, a 134-foot all-welded steel offshore research/oceanographic vessel built in 1981 by Atlantic Marine Florida, LLC. Appraisal PDF attached. BIDDER'S RESPONSIBILITY TO REVIEW IN ITS ENTIRETY PRIOR TO PLACING BID. VESSEL IS BEING SOLD AS IS WITH ALL FAULTS. No warranties or guarantees, expressed or implied. DELIVERY SERVICES NOT OFFERED - BUYER RESPONSIBILITY An independent condition and valuation survey conducted June 5, 2026 estimated the vessel’s fair-market value to be $350,000 and rated its overall condition “fair to good” subject to Sabine Surveyors Ltd. conditions. The complete survey and photographs are provided with this listing and should be reviewed by all bidders. VESSEL SPECIFICATIONS Length: 134 ft Beam: 32 ft Depth: 13.5 ft Summer draft: 10 ft Gross tonnage: 473 Net tonnage: 141 Displacement: approx. 640 long tons IMO No.: 8023541 Call Sign: WDH2897 Fuel: approx. 28,695 gal Freshwater: approx. 6,000 gal Engine: (2) Caterpillar D379B diesel main engines, approx. 700 BHP each Drivetrain Components: Twin Disc MG540 hydraulic gearboxes Generator: (2) Caterpillar 3406 generator engines with (2) Kato 175 kW generators Engine Hours: Approx. 110,500 hours port main engine and 109,533 hours starboard FEATURES Configured for offshore research/oceanographic operations. The vessel includes: Stern A-frame Starboard J-frame Electro-hydraulic cranes and winches Main-deck laboratory Scientific electronics room Navigation bridge Galley Mess Laundry Crew accommodations Multiple staterooms/bunkrooms Rigid inflatable boat with 25 HP Yamaha outboard MATERIAL DISCLOSURES Notable conditions include: - Vessel is not currently classed. ABS classification was canceled following port tail-shaft repairs not completed in accordance with ABS rules. - No recent ultrasonic thickness-gauging documentation available. A 2021 thickness survey identified significant bottom-plating thickness reductions in isolated areas. - Forward boom crane is out of service and out of certification. - Refrigerated storage and galley deep fryer are inoperative. - Marine sanitation device reportedly does not operate in automatic mode. - Two 25-person inflatable life rafts had been removed for inspection at survey. - Machinery, cranes, winches, tanks and void spaces were not fully tested or internally inspected during the appraisal. *This list is an abbreviated summary and IS NOT comprehensive. The attached survey takes precedence over this description. INSPECTION & REMOVAL Inspection is strongly encouraged and available by appointment. Buyers are responsible for any cost associated, including but not limited to, surveyors, engineers and other professional services. NO destructive testing, machinery operation, underwater inspection, diving or sea trial is permitted without prior written authorization. The successful bidder must remove the vessel from the College dock no later than November 15, 2026. Damage during removal is buyer sole responsibility and CFCC will not be held liable. The buyer assumes all risks and costs associated with possession, removal, towing, operation, permits, regulatory compliance, repair, storage, insurance, future use and any other administrative requirement not listed herein. No representation is made regarding seaworthiness, operability, classification, certification, regulatory compliance, merchantability, fitness for purpose, or ability to sail, tow, operate, register, document, insure or enter service. Submission of bid constitutes acknowledgment of vessel condition, seller’s terms, responsibility for independent inspection, due diligence and timely removal. Cape Fear Community College reserves the right to reject any or all bids or withdraw the vessel from sale as permitted by law and applicable auction terms.
Cape Fear Community College, NC
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