Bhagwan Marine to Acquire Riverside Marine Holdings

Bhagwan Marine Limited (ASX.BWN) has entered into an agreement to acquire Riverside Marine Holdings (RMH), transitioning the family‑owned business to ownership by an ASX‑listed marine services provider.

Riverside Marine will continue to operate as usual, retaining its people, culture, and commitment to safety and service, while benefiting from the scale and long‑term strength of a publicly owned organisation.

If you have any questions, please email:  [email protected]

For more information about Bhagwan Marine:  www.Bhagwanmarine.com

Riverside Marine Logo Est 1926 01
Bahgwan Marine

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.
100 Years Final Blue

Our vessels

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 Specifications

Riverside 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 Specifications

Riverside 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