Riverside Marine joins Bhagwan Marine
Australian marine solutions company and ASX-Listed, Bhagwan Marine Limited (ASX: BWN) (Bhagwan Marine), has completed the acquisition of 100% of Riverside Marine Holdings Pty Ltd and related entities (Riverside Marine), effective 31 March 2026.
The acquisition supports Bhagwan’s growth strategy by enhancing its service offering, diversifying across commodities and geographies and expanding its recurring revenue base.
More information about Bhagwan Marine: www.bhagwanmarine.com
Celebrating 100 Years of Always Ready
Part of the Riverside Marine family, Riverside Oceanic was established as a dedicated entity to provide high-quality marine services to the Marine Science, Oil & Gas, Offshore Wind and Hydrography industries.
Our vessels
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Riverside Guardian
As the flagship vessel of the Riverside Oceanic fleet, the Riverside Guardian delivers a safe and reliable platform for large variety of offshore projects. Purpose-built for adaptability, it provides operators with the confidence to complete their work safely and efficiently in any environment.
Dimensions: 32.8m (length) x 11.0m (beam) x 2.4m (draft)
Clear Deck Area: 140m2
Build: 2015 Profab, Catamaran Multipurpose Workboat
Survey: NSCV 2B, 2B Extended
Max Speed: 10 knots (8 knots economical)
Capacity: 28 berths, 24-seat galley, office, first aid room
Deck Equipment: A-Frame, crane, moonpool
View SpecificationsRiverside Ranger
The Riverside Ranger is the newest addition to the Riverside Oceanic fleet, recognised for its capability as a reliable geophysical survey vessel. Following a full out-of-water docking in 2025, the Ranger is equipped to provide a comfortable and dependable platform for survey, logistics, and project support operations.
Dimensions: 24.9m (length) x 9.8m (beam) x 2.4m (draft)
Clear Deck Area: 72m2
Build: 2016 Profab, Catamaran Multipurpose Workboat
Survey: 2B
Max Speed: 20 knots (10 knots economical)
Capacity: 18 berths, 20-seat galley, office
Deck Equipment: A-Frame, crane, moonpool
View SpecificationsRiverside Explorer
The Riverside Explorer is the smallest vessel in the Riverside Oceanic fleet. This 14-metre catamaran is purpose-built to support a wide range of marine research and project operations with agility and efficiency
Dimensions: 14m (length) x 5.5m (beam) x 1.5m (draft)
Clear Deck Area: 40m2
Build: 2003 South Pacific Marine, Catamaran Multipurpose Workboat
Survey: 2C
Max Speed: 22 knots (12 knots economical)
Capacity: 6 berths, 4 seat galley, office
Deck Equipment: A-Frame, crane
View Specifications
