Bhagwan Marine Limited (BWN.AX)
Bhagwan Marine Limited operates in the Marine Shipping industry of the Industrials sector, headquartered in Perth, WA, AU. The stock last traded at $0.32, up 6.78% on the session, giving a market capitalisation of $86.8M. Its beta of 0.78 implies it has historically moved less than the broad market.
An Australian company founded in 1985 and headquartered in Perth, Bhagwan Marine Limited is a leading operator of marine vessels. With a substantial fleet of approximately 95 ships, the company delivers essential maritime services to a wide array of sectors across Australia, including offshore oil and gas, subsea, port operations, civil construction, renewable energy, and defense. Its comprehensive service offerings encompass support for exploration, development, and production activities within the offshore energy industry; specialized harbor towage and anchor handling tug supply vessel provision; geotechnical and survey support; and the construction and maintenance of marine infrastructure such as bridges, ports, and jetties. Furthermore, Bhagwan Marine provides advanced subsea capabilities, including inspection, maintenance, repair, asset integrity management, and life extension services for subsea assets, alongside the operation of remote operated vehicles and commercial diving. The company also undertakes decommissioning and light construction projects, offering a full spectrum of engineering and logistical solutions.
Bhagwan Marine Limited is most often compared with the following Industrials names: