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
Quality-focused Marine Towage and Harbour Services
Rivtow Marine provides a customised approach for quality-focused marine towage and harbour services. Based on a partnership model, we deliver the highest quality crews and vessels to exceed our customers’ needs.
Celebrating 100 Years of Always Ready
In 2026, Riverside Marine proudly marks 100 years of continuous operation. Since 1926, we’ve grown from a single vessel into one of Australia’s leading marine service providers across our capable business units. This milestone reflects our ongoing commitment to safety, reliability, and service as we look toward our centenary and beyond.
Approaching 100 years experience in Australian marine services
Proudly providing marine services since 1926
Innovative partner-contractor model
Our partnership model ensures that our customers get professional and committed crew for any marine service required.
Largest single towage fleet manager
Managing 20 tugs in Port Hedland WA and all marine services for BMA in Hay Point QLD, we manage the largest towage fleet in Australia
Driven by quality and safety
We place quality and safety at the heart of everything we do in marine services, ensuring the safe operations and best outcomes for our client.
Reliability
Our operations run 24/7, 365 days a year and we pride ourselves on getting the job done no matter what it takes.
Rivtow Marine is driven by quality and safety
19,000
Towage jobs per annum
High volume towage jobs across Australia, 365 days per year, 24/7.
200+
Highest quality crew
Over 200 mariners to ensure our customer needs are exceeded.
Zero
Injury Frequency Rate
Safety of our people is our number one priority in our quality-focused towage.