Bhagwan Marine Limited, a marine services company, owns and operates a range of vessels providing marine solutions for the offshore energy, subsea, ports and inshore, and defense sectors in Australia. Its port services include wharf and jetty construction support, crew change/transfers, harbor towage, line boats, inshore survey, geotechnical support, general marine project support, ship supply runs, navigational aid maintenance, mooring installation, maintenance and removal, mooring hire, vessel line handling, berthing, transshipping, dredging support, bed levelling, and port security vessels; and offshore services comprise dive support, remotely operated vehicle support, crew change operations, metocean equipment deployment, geophysical surveys, geotechnical surveys, offshore accommodation services, decommissioning support, pilot transfers, FPSO offtake assist, oil field support services, coastal towage, coastal freight, standby operations, search and rescue, subsea trenching and cable lay support, platform maintenance support, transshipping, dredge support, bed levelling, and hot shots. The company also provides subsea inspection maintenance and repair, construction, and decommissioning services; commercial diving services; civil construction support services; and project management services. It has a total fleet of approximately 95 vessels, including dive support vessels, tug boats, multi-cats, utility vessels, barges, and crew transfer boats, as well as other specialist vessels. The company was incorporated in 1985 and is headquartered in Perth, Australia.
Q4 2025 is off to a flying start with record highs being printed left, right, and center. US and Japanese stocks made fresh new highs, while the gold price powered through $4,000 for the first time, and Bitcoin crossed the $126k level. Is this all a case of USD weakness, irrational exuberance, or solid fundamentals? This week, we are reviewing Q3 market performance, Q2 earnings season, and the outlook heading into the end of 2025…
Over the last 7 days, the market has remained flat, although notably the Materials sector gained 3.8% in that time. More promisingly, the market is up 8.9% over the past year. As for the next few years, earnings are expected to grow by 12% per annum. Market details ›