this design has a navy blue with light blue accents. the idea is to give this nautical look a little higher end feel with the dark navy and pinstripe whites, and the softer blue adds a little light touch. yellow mixed in is unique, and i don't see that you've asked for it, but i think it adds a more complete look as it provides a little warm contrast to the blue colors.
my #101 here is more of a branding approach. i could see this as a strong label type of a logo for your towels, robes, slippers, shirts, etc. I think it has kind of an established, polished look that still shows off the abstract ribbon/wave element as well as the fun name. hope you like it. thanks, best of luck