MYCRANE Trading Secures $50 Million to Power UAE Expansion from Jebel Ali
In a move set to reshape the Gulf’s crane sector, MYCRANE Trading has closed a US$50 million investment deal with a DIFC-based holding company to launch its UAE operations from the Jebel Ali Free Zone in Dubai. The new venture blends physical crane inventory with the global reach of the MYCRANE digital rental platform, promising a seamless marketplace for both sales and rentals.
By combining real-world stock with a powerful online network, MYCRANE Trading aims to bridge a critical gap in the heavy equipment market. The partnership delivers access to a broad portfolio of all-terrain, crawler, rough-terrain, and tower cranes, each supported by certified inspection and safety documentation.
“We’ve seen rising global demand for both new and used cranes, and growing appetite from asset owners to monetise surplus equipment,” said Andrei Geikalo, founder of MYCRANE and CEO of MYCRANE Trading. “With MYCRANE Trading as a key partner, we can now respond directly to this demand by instantly connecting sellers with the rental platform’s thousands of fleet-owning users, many of whom have urgent purchase needs.”
Targeting Global Buyers, with a Gulf Focus
Although headquartered in the UAE, MYCRANE Trading has a truly international outlook. The company is set to serve customers across the Middle East, Africa, CIS, and Asia, drawing on MYCRANE’s established network of crane buyers and sellers.
The strategic location at Jebel Ali offers immediate logistical advantages, ensuring cranes can be sourced, inspected, and delivered faster to key regional markets. This makes it particularly attractive for industries where downtime is costly, from large-scale infrastructure projects to oil and gas operations.
Ashishkumar Tiwari, MYCRANE Sales Director, underlined the advantage: “MYCRANE Trading combines the efficiency and reliability of our digital Marketplace with a physical base at Jebel Ali Free Zone. Every crane is carefully sourced, with full documentation and inspection available, giving customers trusted access to verified equipment at competitive prices.”
Expanding the Management Team
To support its ambitious growth, MYCRANE Trading has appointed a dedicated management team. Industry veteran Sudheesh Mohan takes the role of Head of Sales and Marketing, while Mina Asham steps in as Head of Tower Cranes.
Both will operate from the UAE hub, strengthening local market expertise and customer relationships.
Riding on MYCRANE’s Growth Momentum
The launch of MYCRANE Trading builds on a series of recent achievements for MYCRANE, including continued global expansion, new platform features, and winning three industry awards in 2025. This new physical sales and leasing arm allows the company to extend its mission beyond rentals.
Geikalo summed up the vision: “Our mission has always been to simplify crane procurement. This new collaboration allows us to do that — not just for rentals, but for ownership too.”
Streamlining Crane Procurement
MYCRANE’s core platform has already disrupted the crane rental market by allowing customers to submit lifting requirements online and receive personalised quotes from registered asset owners. By removing the need for manual calls and multiple offline requests, the platform has cut procurement time dramatically.
With access to cranes capable of lifting up to 4,000 tonnes, the platform caters to projects of all scales. Its design ensures ease of use and that quotes are directly comparable, giving customers clear, fast, and informed decision-making.
Registration remains free for both users and crane rental companies, encouraging wide participation and greater equipment availability.
A Full-Service Crane Solution
Beyond rentals, MYCRANE Trading positions itself as a one-stop shop for heavy lifting solutions. The company will handle:
- Purchase, lease, and sale of heavy construction cranes
- Supply of spare parts and accessories
- Maintenance and engineering services
- After-sales support
By maintaining stock in-house, MYCRANE Trading can respond quickly to urgent requirements while offering full lifecycle support. This turnkey approach addresses common industry challenges, including the difficulty of finding reliable counterparties and the lack of inventory transparency.
Driving Confidence through Transparency
One of MYCRANE Trading’s strongest differentiators is its combination of deep industry knowledge with digital transparency. Buyers and sellers benefit from real-time access to verified equipment data, backed by rigorous inspections and documented service histories.
This is particularly crucial in markets where sourcing reliable machinery can be a gamble. By embedding transparency into the transaction process, MYCRANE Trading aims to give customers confidence and control over their investments.
A Positive Outlook for the Crane Industry
With major infrastructure projects on the rise across the Gulf, and global demand for cranes steadily increasing, MYCRANE Trading’s entry into the market is timely. Its fusion of digital reach and physical presence could set a new benchmark for how heavy equipment is bought, sold, and maintained.
As the company ramps up operations from its Jebel Ali base, it is well-positioned to capitalise on market opportunities, strengthen supply chains, and provide unmatched value to crane owners and buyers worldwide.
