Sea Leisure Yachting Group

What Sea Leisure Yachting Group does

Sea Leisure Yachting Group (SLYG) is a Sri Lanka-based, privately held, vertically integrated marine leisure operator that designs, manufactures, charters, and services yachts and rigid inflatable boats. The group operates through sub-brands including Ocean Voyager (40-78 ft sailing catamarans for professional charter operators), Ocean Diamond (luxury floating boutique hotel catamaran), Ceycat (multi-day charter catamarans), and Pulse (rigid inflatable boats in 35-65 ft sizes), all built across three ISO 9001:2015-certified shipyards at Koggala, Welipatanwira, and Jaffna. Technical capability is concentrated in the Sabrosa Rain Advanced Technologies (SRAT) division, which performs naval architecture, FEM structural analysis, hydrodynamic stability studies, and vacuum infusion composite work with carbon, glass, and natural jute fibers; Solar Impulse operates as an internal engineering hub for R&D and sustainable development.

The business model blends B2B and B2C revenue streams: one-time sales of custom-built vessels to charter companies, marine tourism providers, and commercial fleets globally; recurring yacht charter fees from the Sail Lanka fleet of 10 yachts operating along Sri Lanka's 1,340 km coastline; managed marina services at Colombo City Marina and Mirissa Marina; component exports (sails, composites, rubber/polyurethane parts); and social-impact training delivered through the Building A Future Foundation (BAFF), which has trained 6,000+ youth since 2006 and serves as both a talent pipeline and a small-business incubator. GTM is predominantly inquiry-based direct sales for B2B, direct-to-consumer charter bookings for Sail Lanka, with digital presence through corporate and brand-specific websites plus Facebook/Instagram/LinkedIn. SLYG is family-controlled by the Pringiers family (founders) alongside Sri Lankan leadership, and has executed one disclosed acquisition (Ocean Voyager in 2022) with no institutional funding rounds on record.

Name

Sea Leisure Yachting Group

Legal name

Sea Leisure Yachting Group

Website

https://slyg.global

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Sea Leisure Yachting Group is a Sri Lankan, vertically integrated marine leisure company that designs and builds sailing catamarans and RIBs, operates yacht charters and marinas, and runs naval-architecture R&D alongside a youth maritime training foundation, serving global charter operators and domestic tourists.

Ownership category

akta.pro rank

Product category

Yacht and Marine Vessel Manufacturing

NAICS

Ship and Boat Building (3366), Boat Building (336612), Ship Building and Repairing (336611)

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 Systems Integration & Commissioning (Shipyard) (IMAJAMAI), Luxury Yacht Tenders & Support Craft Manufacturing (IMAJAMAK)

Keywords

• Yacht manufacturing
• Sailing catamarans
• Rigid inflatable boats
• Yacht charter services
• Marina management

Headquarters

HQ city

Kabalana, Ahangama

HQ country

Sri Lanka

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Yacht Charter Services: Sail Lanka operates as the pioneering yacht charter company in Sri Lanka with a fleet of 10 yachts offering day and overnight cruises along the island's coastline. Revenue generated from charter fees for travelers and tourists seeking marine experiences.
2. Vessel Manufacturing and Sales: Ocean Voyager designs and builds sailing catamarans (40-80 feet) and rigid inflatable boats (RIBs) for professional operators. Revenue from direct sales of custom-built vessels to charter companies, marine tourism providers, and commercial fleets worldwide.
3. Marina Management Services: Management of two strategic marina locations in Sri Lanka - within Colombo Port City and Mirissa Harbour. Provides safe anchorage, crew support, and access to coastal destinations for visiting yachts.
4. Component Manufacturing and Exports: Produces sails, composite components, and rubber/polyurethane products for export, along with complete mechanical engineering solutions for both marine and industrial sectors.
5. Training and Education Services: Building A Future Foundation (BAFF) Training Center provides ocean-based training to underprivileged Sri Lankan youth, preparing them for maritime and hospitality sectors.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

SLYG designs, manufactures, and sells sailing catamarans, luxury catamarans, and rigid inflatable boats under the Ocean Voyager, Ocean Diamond, Ceycat, and Pulse brands for professional marine tourism operators globally. The group also operates Sail Lanka yacht charter services, manages the Colombo City Marina and Mirissa Marina, runs marine vocational training through BAFF (Building A Future Foundation), and conducts advanced marine R&D and component manufacturing through Sabrosa Rain Advanced Technologies across four boatyards in Sri Lanka.

Product overview

Sea Leisure Yachting Group (SLYG) operates a diversified marine leisure ecosystem comprising multiple sub-brands and manufacturing divisions. The portfolio includes Ocean Voyager (day charter sailing catamarans in four sizes from 40-78 feet), Ocean Diamond (luxury floating boutique hotel catamaran), Ceycat (multi-day charter sailing catamarans), and Pulse (rigid inflatable boats). Supporting these products is Sail Lanka Charter with 10 yachts for marine tourism, Sabrosa Rain Advanced Technologies for naval architecture and R&D, and four boatyards (Koggala, Welipatanwila, Kabalana, Jaffna) across Sri Lanka. The group also operates two marinas (Colombo City Marina and Mirissa Marina) and the Building A Future Foundation training program for youth empowerment. The business operates on a B2B model primarily serving professional operators globally.

Differentiator

Problem solved

Functional benefit

Brands

• Ocean Voyager: Leading catamaran manufacturing brand specializing in lightweight, rigid, and fully customizable sailing vessels for day charter operations
• Ocean Diamond
• Ceycat
• Pulse
• Sail Lanka
• Sabrosa Rain Advanced Technologies (SRAT)
• Solar Impulse

Products and services

• Ocean Voyager Catamarans

Quantifiable outcome

• 6,000+ youth trained since 2006 through Building A Future Foundation
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Bali Catamarans: Catamaran specialist (part of Catana Group) offering innovative open-space sailing cats from 40-60 ft. Comparable to Ocean Voyager in targeting day-charter and overnight-charter operators with high-capacity, customizable layouts.
• Outremer Catamarans: French performance cruising catamaran builder offering 45-60 ft sailing cats. Comparable in size range, advanced composite construction (vacuum infusion, lightweight builds), and focus on quality semi-custom builds for serious private and charter owners.
• Sunreef Yachts: Polish builder of luxury sailing and power catamarans up to 100 ft with strong customization and eco-friendly composite focus. Comparable to Ocean Voyager in premium positioning, custom build approach, and use of advanced composite technology.
• Leopard Catamarans: South African-built catamaran brand produced by Robertson & Caine, focused on 40-53 ft sailing cats for the charter market. Comparable to Ocean Voyager in build geography (emerging market, cost-competitive), product positioning, and B2B charter-customer focus.
• Fountaine Pajot: French catamaran and motor yacht builder offering sailing catamarans in the 40-80 ft range for the charter and private owner market. Direct competitor to Ocean Voyager and Ceycat on size, customization, and professional-operator customer base.
• Lagoon Catamarans: World's largest sailing catamaran builder (part of Groupe Beneteau), producing 40-78 ft charter catamarans. Most directly comparable to Ocean Voyager's OV40/53/64/78 range in product, target customer (charter operators), and global B2B distribution model.
• The Moorings: Global yacht charter operator with own fleet and bareboat/crewed charter model. Comparable to Sail Lanka in B2C charter service delivery; also overlaps with SLYG's vertical integration model where Moorings partners with builders for fleet supply.
• Dream Yacht Charter: One of the world's largest yacht charter companies with charter bases across multiple geographies. Comparable to Sail Lanka in consumer-facing charter model and direct operator-to-customer service delivery.

Broad incumbents

• Azimut Yachts: Italian luxury yacht builder producing motor yachts in the mid-to-large segment. Broad incumbent peer in luxury marine leisure manufacturing; competes for the same high-net-worth leisure marine customer wallet share that Ocean Diamond and Ocean Voyager target at the premium end.
• Princess Yachts: Major British luxury motor yacht builder with global dealer network. Comparable as a broad incumbent in the luxury leisure marine manufacturing space, though motor-yacht focused rather than the sailing catamaran niche that Ocean Voyager serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/slygglobal
• LinkedInlinkedin.com/company/sea-leisure-yachting-group
• Instagraminstagram.com/slygglobal

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries5 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 Sea Leisure Yachting Group