OXE Marine AB (publ) Interim report 1 April to 30 June 2023

  • Consolidated Net turnover amounted to SEK 46.3 m (SEK 45.7 m).
  • Consolidated Gross Profit amounted to SEK 0.1 m (SEK 9.7 m) with a gross margin of 0% (21%).
  • Consolidated EBITDA amounted to SEK -27.8 m (SEK -8.9 m).
  • The consolidated result for the quarter amounted to SEK -43.9 m (SEK -20.6 m).
  • Consolidated EPS and Diluted EPS amounted to SEK -0.14 (SEK -0.08).

The Remarkable Journey of Caudwell Marine: A Revolutionary Milestone in Propulsion

Caudwell Marine is a company you may not have heard so much about, but all of that is about to change. With a long marine heritage, earned through its passion to revolutionize the marine industry and bring groundbreaking, high-performance technology to boats users and with the drive, focus and experience of billionaire John Caudwell at the helm, Caudwell Marine is about to deliver something very special to the marine industry and change the way that boat operators power their boats…..

Southern Comfort: OXE diesel outboards debut in the Gulf

A Trio of 300-hp OXE diesel outboards is driving one red snapper fisherman’s profitability. It’s June on the coast of Louisiana, the temperature never drops below 80 and rises fast with the sun, but it’s not too bad in the shade of the shelter roof on James Bruce’s 41-foot aluminum hull, grouper, and snapper boat. “The roof is blue for a reason,” Bruce says, pointing up. “So, when the heat reflects off this white deck, it doesn’t reflect back down on you.”


The vessel is powered by two OXE 223kW diesel outboard engines, though the design may also be configured to accommodate electric outboards to allow hybrid operations. Chartwell Marine said that the hybrid outboard configuration allows the operator to select the most effective and efficient propulsion system depending on the vessel’s operational load case and task. This results in a reduction in fuel burn, allowing CO2 emissions to remain within a standard operational profile. When compared to existing 12-metre catamarans fitted with diesel inboard engines and waterjet propulsion, the vessel fuel burn can be reduced by as much as 38 per cent.

Caudwell Marine Targeting 2024 for their 300 Hp Diesel Outboard

Caudwell Marine has announced that their new diesel 300hp outboard will be delivered in early 2024. The Caudwell Marine team is confident that its first outboard product will exceed the demanding expectations of the market, which has been waiting for a reliable and durable diesel outboard solution for many years. The outboard features a marine proven, 300 hp, V6 turbo charged high performance diesel engine. Caudwell Marine is keen to stress that launch to market will only come once the final round of validation and durability testing is complete.

XO adds diesel outboard power to EXPLR 9 adventurer

The boats will come with the choice of a Cox CXO300 4.4-litre twin-turbocharged V8 engine to hang off the transom to back up the model’s credentials as a rigid and durable platform with outstanding driving qualities. “Offering reduced fuel consumption, extended maintenance intervals and the broadest range of approved fuels, the CXO300-powered EXPLR 9 is the perfect boat for adventure seekers looking to travel sustainably to all corners of the planet,” Cox Marine said in a statement announcing the new arrangement.