THAILANDSICThailand Standard Industrial Classification

TSIC Activity

50112

Sea and coastal passenger water transport by excursion boat and cruise ships

ประกอบกิจการให้บริการธุรกิจการท่องเที่ยว การจัดนำเที่ยว โดยจัดหาที่พักแก่นักท่องเที่ยว จัดหาบัตรโดยสารทุกประเภทให้แก่ นักท่องเที่ยว รวมถึงให้บริการอื่นๆ แก่นักท่องเที่ยว

What this activity covers

Companies in this sector transport passengers by sea and along the coast using cruise ships and sightseeing vessels.

  • Passenger transport — Transportation of passengers by sea and coastal routes
  • Cruise ship operation — Operating large cruise ships for passenger transport
  • Sightseeing vessels — Operation of large sightseeing boats for tours
  • Charter services — Rental of charter boats for fishing and travel
  • Catering services — Providing catering services on cruise ships
  • Accommodation services — Offering accommodation on cruise ships

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Boat tours — Providing guided tours on boats
  • Boat leasing — Leasing boats for tourist activities

Not included here

  • The activities of restaurants and bars provided on ships when operated by separate, independent units, see activities 56101 and 56301.
  • Rental services of pleasure boats or sports cruises without a driver. See activities 77210.
  • Operation of “Floating Gambling Den” See activity 92009

Foreign ownership

List 2: Restricted, Cabinet routeinherited from 50

Domestic transportation by land, water or air, including the domestic airline business

Domestic transportation only. International carriage falls outside this item, and sector laws impose their own foreign shareholding caps.

FBA B.E. 2542, List 2, Chapter 1 (2)Routes: Cabinet permission, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

115
active companies operate here
฿428.7Mregistered capital, combined
฿502.8M
Sector revenue · 2025
+100% since 2023
฿-16865012
Net profit · 2025
23 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
0%of new registered capital is foreign-held
฿0 foreign฿26.0M Thai

Almost entirely Thai-held — little foreign capital enters here.

New in 2026

10+100.0%

registrations, YTD

Registered capital

฿428.7M+9.6%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1PCL Andaman Co., Ltd.฿134.9M
  2. 2Yacht Charters Co., Ltd.฿106.1M
  3. 3Deep Blue Andaman Co., Ltd.฿31.5M
  4. 4Southern Inter Marine Co., Ltd.฿23.0M
  5. 5NORTHERN ALL STAR CO., LTD.฿20.9M

Largest by registered capital

  1. 1Man E Fishery Co., Ltd.Songkhla฿73.5M
  2. 2Vanora Co., Ltd.Bangkok฿60.0M
  3. 3Ruen Navy Co., Ltd.Bangkok฿15.0M

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

45
Registered
since 2022
42
Still active
3
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 15 in 20232026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

Talk to Emerhub Thailand