Two Oceans Marine Manufacturing

What Two Oceans Marine Manufacturing does

Two Oceans Marine Manufacturing is a Cape Town, South Africa-based custom boat builder founded in 1989, producing fully custom and semi-custom vessels from a single manufacturing site in Paarden Eiland within the Cape Town Port. With 51-100 employees, the company manufactures power catamarans (Two Oceans 555, 850E, 870), sailing catamarans (HPC82, the Balance Catamarans sub-brand), express cruisers (ECLIPSE 505 and 605), commercial/charter models (Magnum series), and Class 1 self-righting Offshore Rescue Craft, delivering to a global base of ultra-high-net-worth individuals, commercial charter operators, performance sailing enthusiasts, and maritime safety organizations.

The company's underlying technology centres on one-piece resin-infused composite hull construction using E-Glass laminates with PVC foam cores and carbon-fibre reinforcements applied via vacuum-bag processes, paired with foam-filled hulls for reserve buoyancy. The ECLIPSE express-cruiser sub-brand is differentiated by an exclusive licence to Michael Peters' patented SVVT (Step-Vee Twin-Hull) hull geometry and uses Mercury V12 600hp outboard propulsion; interiors are designed with international partner firms Design Unlimited (UK) and Silver Arrows Design (automotive crossover), while custom power catamarans are designed in collaboration with Du Toit Yacht Design and rescue craft with Pantocarene Naval Architects. Operations are audited under the South African Boatbuilding Association standards aligned with European ISO benchmarks.

Revenue is generated exclusively through one-time sales of bespoke vessels at custom-quoted prices, with no recurring component. Go-to-market blends direct enterprise engagement (clients work with in-house sales, naval architects, and design specialists end-to-end) for custom and semi-custom builds with an exclusive North American dealer relationship through HMY Yachts for ECLIPSE products, supported by major international boat show visibility (notably Fort Lauderdale) and an active content presence on YouTube, LinkedIn, Facebook, Instagram, and TikTok. Manufacturing is concentrated in Cape Town with the ECLIPSE sub-brand and the broader HMY channel pointing the company toward higher unit volumes in the global luxury express cruiser market.

Name

Two Oceans Marine Manufacturing

Legal name

Two Oceans Marine Manufacturing

Website

https://2oceans.co.za

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

51–100 employees

Short description

Two Oceans Marine Manufacturing is a Cape Town-based custom boat builder founded in 1989, producing bespoke and semi-custom power catamarans, sailing catamarans, ECLIPSE express cruisers, and self-righting Offshore Rescue Craft for global ultra-high-net-worth owners, commercial charter operators, and maritime safety agencies such as the NSRI.

Ownership category

akta.pro rank

Product category

Custom Marine Vessel Manufacturing

NAICS

Ship Building and Repairing (336611), Boat Building (336612)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Luxury Catamaran (Power & Sail) Manufacturing (IMAJAMAF)

akta.pro secondary industries

Semi-Custom & Series Production Yacht Manufacturing (IMAJAEAM), Luxury Yacht Prototype, One-Off & Concept Build Programs (IMAJAMAL), Luxury Yacht Systems Integration & Commissioning (Shipyard) (IMAJAMAI)

Keywords

• Custom boat manufacturing
• Power catamarans
• Express cruisers
• Offshore rescue craft
• Composite vessel construction

Headquarters

HQ city

Cape Town

HQ country

South Africa

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Custom Vessel Manufacturing: Full custom and semi-custom boat building for luxury power catamarans, sailing catamarans, express cruisers, and offshore rescue craft. Each vessel is built to client specifications with custom interiors, layouts, and features. Revenue is generated through one-time vessel sales with no recurring revenue component.
2. Commissioned Government/NGO Contracts: Building specialized vessels for government agencies and non-profits such as the NSRI fleet of nine Offshore Rescue Craft, commissioned for public safety and rescue operations.

Go-to-market motion3 records

Distribution channels2 records

Marketing channels7 records

Core offering

Two Oceans Marine Manufacturing designs and builds custom and semi-custom marine vessels, including power catamarans, sailing catamarans, outboard-powered express cruisers (ECLIPSE sub-brand), and Class 1 self-righting offshore rescue craft. Each vessel is constructed to client specifications using advanced composite materials and is delivered globally, with vessels sea-trialed in challenging Cape of Storms conditions.

Product overview

Two Oceans Marine Manufacturing is a Cape Town-based world-class marine manufacturer founded in 1989, producing custom and semi-custom vessels including power catamarans (Two Oceans 555, 870, 850E), express cruisers (ECLIPSE 505 and 605), sailing catamarans (HPC82, Balance Catamarans), offshore rescue craft (ORC), and commercial/charter vessels. The ECLIPSE sub-brand focuses on outboard-powered express cruisers featuring patented Michael Peters SVVT hull technology, while the Two Oceans branded vessels include luxury power catamarans designed by Du Toit Yacht Design. The company operates under the South African Boatbuilding Association with European ISO-aligned standards, building vessels for global clients with a focus on quality, innovation, and expert craftsmanship.

Differentiator

Problem solved

Functional benefit

Brands

• ECLIPSE: ECLIPSE is a brand of express cruisers (ECLIPSE 505 and ECLIPSE 605) manufactured by Two Oceans Marine Manufacturing. The ECLIPSE 505 Shadow and ECLIPSE 605 Shadow feature Michael Peters' patented SVVT hull and are positioned as revolutionary express cruisers with luxury interiors.

Products and services

• ECLIPSE 505 Express Cruiser 50-foot outboard-powered express cruiser featuring Michael Peters patented SVVT hull, twin or triple Mercury V12 600hp engines, two-stateroom two-head layout with flush-deck entertaining spaces, designed by ECLIPSE Yachts with interiors by Design Unlimited and Silver Arrows Design.
• ECLIPSE 605 Express Cruiser 60-foot outboard-powered express cruiser featuring Michael Peters patented SVVT hull paired with quad Mercury V12 600hp engines, three-stateroom three-head layout with flush-deck entertaining spaces and luxury features including surround-view cameras and Starlink connectivity.
• 870 Power Catamaran 87-foot custom designed and built luxury power catamaran designed for luxurious cruising and comfortable living on the water.
• 555 Power Catamaran 55-foot custom power catamaran featuring elegant exterior styling and chic modern low-maintenance interior, designed by Du Toit Yacht Design, with up to 8 guests across three layout options including rare on-deck master stateroom, powered by Yanmar 370hp 8LV diesels.
• Offshore Rescue Craft (ORC) 14.8m Class 1 self-righting rescue vessel commissioned by South Africa's National Sea Rescue Institute (NSRI), designed for rescue operations up to 50 nautical miles offshore with 40-year expected lifespan, accommodating 6 crew and up to 30 survivors.
• HPC82 High Performance Catamaran 82-foot fully custom full-carbon high-performance sailing catamaran designed by award-winning Du Toit Yacht Design with refined hull lines for maximum performance, spacious aft cockpit, and open-plan saloon.
• 850 E Power Catamaran 82-foot fully custom luxury power catamaran designed by Du Toit Yacht Design, featuring epoxy E-glass construction with PVC foam core and carbon fibre reinforcements, with twin Cummins 610hp engines delivering 3,500 NM range.
• Magnum Series Power Catamarans Series of power catamaran models including Magnum 46, Magnum 2750, Magnum 36, Magnum 32, and Magnum 23 in various configurations (Walkaround, Centre Console, Full Cabin Sportfisher), targeting sport fishing and commercial charter use cases.
• Balance Catamarans Sister company brand specializing in sailing catamarans, manufactured at Two Oceans Marine Manufacturing's Cape Town facility alongside its custom and semi-custom power and sailing catamarans.

Quantifiable outcome

• Vessels built with 40+ year expected service life (ORC fleet)
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eight partnerships are on record, tiered core and major.

• HMY YachtscoreChannel Partner/ Reseller/ Distributor · 1 October 2024HMY Yachts is the exclusive dealer for ECLIPSE Yachts products including the ECLIPSE 505 Shadow and ECLIPSE 605 Express Cruisers. This partnership enables ECLIPSE products to reach buyers through HMY's established yacht dealership network, particularly in North America.
• NSRI (National Sea Rescue Institute)coreStrategic or Co-development Partner · 1 April 2019Two Oceans Marine Manufacturing was commissioned by South Africa's National Sea Rescue Institute to build a fleet of nine Class 1 Offshore Rescue Craft. The partnership supports local industry and job creation while developing skills in boat building, particularly composite offshore search and rescue craft construction. The self-righting 14.8m vessels are designed for rescue operations up to 50 nautical miles from shore.
• Du Toit Yacht DesigncoreStrategic or Co-development PartnerAward-winning South African yacht design firm that has created more custom catamaran tonnage than any other firm in the Southern Hemisphere. They designed vessels including the Two Oceans 555, 850E, and HPC82, handling both exterior design and interior layouts, furnishings, and finishes.
• Michael Peters Yacht DesigncoreTechnology or IntegrationUK-based yacht designer whose patented SVVT (Step-Vee Twin-Hull) hull technology powers the ECLIPSE 505 and 605 Express Cruisers, delivering unprecedented speed and seakeeping performance in the cruising segment.
• Pantocarene Naval ArchitectscoreStrategic or Co-development PartnerDesigned the ORC 140 Offshore Rescue Craft. The design concept originated 20 years ago for vessels operating in rough sea conditions and has been continuously improved. Numerous pilot vessels and SAR vessels have been built to this design.
• Design UnlimitedmajorStrategic or Co-development PartnerUK-based superyacht interior design and exterior styling firm that played a key role in ECLIPSE vessels, introducing intuitive noise-reduction elements and overseeing all technical aspects of interior decoration and furnishings.
• Silver Arrows DesignmajorStrategic or Co-development PartnerRenowned automotive interior design firm that brought fresh perspective to ECLIPSE vessels, incorporating advanced surface materials, surround-view cameras, refined ergonomics, and precision instrumentation rarely seen in the marine world.
• Balance CatamaranscoreStrategic or Co-development PartnerSister company also based in Cape Town that shares manufacturing facilities with Two Oceans Marine Manufacturing. Both companies are leading global manufacturers of custom and semi-custom power and sailing catamarans.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• HH Catamarans: Builder of luxury performance cruising and racing catamarans (HH44–HH88) using carbon construction. Comparable on high-end custom catamarans targeting sailing enthusiasts and UHNW owners.
• Outremer Catamarans: French builder of high-performance sailing catamarans for bluewater cruising and racing. Directly comparable on performance sailing catamaran specialization and custom/semi-custom offerings.
• Leopard Catamarans (Robertson & Caine): South African-origin catamaran builder (now owned by MarineMax) producing power and sailing catamarans. Directly comparable on heritage (SA boatbuilding), catamaran specialization, and export-led business model.
• Sunreef Yachts: Polish builder of fully custom luxury power and sailing catamarans (including the Sunreef Eco and Ultimate ranges). Direct competitor in the custom luxury catamaran segment serving UHNW clients worldwide.
• Privilege Marine: French builder of high-end luxury catamarans (Privilege Series 5, 6, 7) targeting the same UHNW private owner segment as Two Oceans. Comparable on luxury positioning, custom interior configurations, and global dealer network.
• Balance Catamarans: Sister company sharing Two Oceans Marine Manufacturing's Cape Town facility, producing custom and semi-custom sailing and power catamarans. Directly comparable on product type (catamarans), customer segment (UHNW individuals), and distribution model (direct/regional dealers).
• Fontaine Pajot: French catamaran and sailing yacht builder producing both sailing catamarans (Aura, Tanna) and power catamarans (MY, Power). Comparable in catamaran manufacturing scale and international dealer reach.

Broad incumbents

• Sunseeker: UK luxury motor yacht builder with a global dealer network producing express cruisers, flybridge yachts, and superyachts. Comparable on luxury express cruiser market segment (ECLIPSE adjacency) and UHNW customer base.
• Lagoon Catamarans: World's largest sailing catamaran producer, part of the Beneteau Group. Competes in the broader catamaran market with a wider, more standardized model lineup but smaller share in the fully bespoke luxury segment.
• Princess Yachts: British luxury motor yacht builder producing express cruisers and flybridge yachts (Princess R class comparable to ECLIPSE). Overlap in the express cruiser segment and UHNW customer base, though broader product portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@twooceansmarine
• Facebookfacebook.com/TwoOceansMarine
• LinkedInlinkedin.com/company/two-oceans-marine-manufacturing
• Instagraminstagram.com/twooceansmarine
• TikToktiktok.com/@twooceansmarine
• Xx.com/TwoOceansMarine

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Two Oceans Marine Manufacturing