News Articles for Loui Kannikoski

Bhagwan Marine has reported strong growth in half-year revenue and earnings, in line with guidance released in December, and presented a positive outlook for the rest of the year.

Bhagwan Marine kicked off its first day of trading on the ASX by announcing a small upgrade to its earnings forecast and outlining plans to expand its business.

Bhagwan Marine is gearing up to launch its $80 million initial public offering by the end of July, which would value the Kannikoski family's stake at about $70 million.

Perth-based Bhagwan Marine has diversified its business beyond its traditional focus on northern Australia by winning a marine maintenance contract at Port of Melbourne.

Marine services company Bhagwan Marine has expanded its fleet with the purchase of two specialist vessels that are larger than others in its current fleet.

Marine services business Bhagwan Marine has opened its new head office on St Georges Terrace, after the company announced plans to shift from Geraldton in June last year.

Marine services business Bhagwan Marine is shifting its base of operations from Geraldton to Perth as part of cost-saving initiatives in light of continued tough conditions in the offshore oil and gas market.

Bhagwan Marine has been awarded a contract to supply marine vessels and crew to support construction on Rio Tinto's Amrun bauxite project in north Queensland.

Geraldton company Bhagwan Marine is set to expand its presence in northern Australia after striking an agreement to purchase a fleet of vessels for $25 million; a third of the price the previous owner paid just three years ago.

Local company Bhagwan Marine has won a contract to provide its services to Quadrant Energy's operations in the North West Shelf for an undisclosed sum.

Developing markets in Mozambique, Russia and Papua New Guinea are the new targets for local marine services player Bhagwan Marine.

Marine services providers won't be knocked off course by the waves of change in the oil and gas industry.

Australia's largest privately owned vessel hire and offshore marine services group, Bhagwan Marine, has launched its own subsea division.

Geraldton-based Bhagwan Marine has announced details of its first international acquisition, confirming speculation from last week.

Geraldton-based Bhagwan Marine has become Australia's largest vessel hire business with the acquisition of Brisbane-based MDT Maritime.

Fast-growing Geraldton business Bhagwan Marine has expanded its service offering and geographical presence through the acquisition of a Northern Territory marine services business.

A flexible approach to business and staying true to its values have been the keys to the success of Bhagwan Marine, which has become a major service provider to the offshore oil & gas s

Private equity funds are scouring Western Australia, looking to invest in local businesses but only a handful of deals have been completed.

Geraldton company Bhagwan Marine is planning to expand its oil & gas services business after gaining financial backing from private equity group Catalyst Investment Managers.