Manufacturer Profile
OXE Marine AB (formerly Cimco Marine AB)
The diesel-outboard pioneer — rugged belt-drive diesel power for commercial, military and long-range use.
Quick Facts
- Founded
- 2012
- Headquarters
- Helsingborg, Sweden
- Country
- Sweden
- Ownership
- Publicly traded (Nasdaq Stockholm: OXE)
- HP Range
- 150 – 300 hp (+ HYBRID 450)
- Fuel / Power
- Diesel (compression-ignition) & diesel-electric hybrid
The Offer
OXE Marine (formerly Cimco Marine) is the Swedish pioneer of the modern diesel outboard. Its engines marinize automotive diesel blocks and use a patented belt-drive transmission to handle high torque, giving big fuel-efficiency and range advantages over gasoline. The current lineup includes the OXE150, OXE225, OXE250 and OXE300, plus the OXE HYBRID 450 diesel-electric outboard. OXE targets maritime security, military, commercial and superyacht-tender operators who value single-fuel logistics, range and durability.
Abridged History
- Incorporated in 2012 as Cimco Marine, Helsingborg, Sweden; renamed OXE Marine AB in February 2020. “OXE” is Swedish for “ox.”
- Pioneered diesel outboards by marinizing a GM 2.0L turbo-diesel block mounted horizontally, driving a patented belt-drive gearbox for high torque and a slim lower unit.
- Expanded the range to OXE150/225/250/300 and the OXE HYBRID 450 diesel-electric, selling direct to dealers, government agencies and OEM networks; listed on Nasdaq Stockholm under OXE.
Product Lines (5 families)
Signature Technology
- +Patented belt-drive transmission with hydraulic multi-plate clutch (trolling mode)
- +Closed-loop freshwater cooling for saltwater durability
- +Diesel single-fuel logistics; EPA Tier 3 / EU / RCD compliant
Heritage
The company that brought the diesel outboard to market — built to NATO single-fuel thinking, engineered in Sweden for the hardest commercial and defense duty cycles.
Company at a Glance
- Stock / Ticker
- OXE.ST (Nasdaq Stockholm); OTC: CMMCF
- Employees
- Reported in OXE Marine AB filings
- Annual Revenue
- Reported in OXE Marine AB public filings (SEK)
- Manufacturing
- Assembly and engineering in Sweden
- Key Plant Locations
- Helsingborg, Sweden
- U.S. Presence
- Sold in North America through OXE dealers and OEM/government channels.
OXE Marine AB is publicly traded on Nasdaq Stockholm (ticker OXE); consolidated revenue is reported in Swedish krona in its filings rather than a single fixed figure here. Figures are point-in-time snapshots from company filings for the year shown; stock price and market value change daily — check the ticker for live pricing.
What OXE Is Famous For
Inventing the practical diesel outboard. OXE is famous for its belt-drive diesel engines used by navies, coast guards and commercial operators where diesel logistics and range matter most.
Where OXE Shines on the Water
Commercial & Military
Built for patrol, security, workboat and defense duty cycles with diesel logistics.
Long-Range & Efficiency
Diesel economy delivers extended range over gasoline outboards.
Superyacht Tenders
Diesel-tender option that matches a mothership's fuel.
Dealers & Service
OXE sells direct-to-market through dealers, OEM and government/agency channels, with service via authorized OXE points. As a specialist diesel brand, network density is lower than mass-market gasoline brands — confirm the nearest service point for your region. OXE does not publish technician head-counts.
Best For
Commercial, military, patrol and superyacht-tender operators needing diesel efficiency, range and single-fuel logistics.
- ✓Major fuel efficiency and range vs gasoline (reports of 30%+ better economy)
- ✓Diesel safety and single-fuel logistics for pro/military users
- ✓Long service intervals and commercial durability
Browse OXE Outboards For Sale
Official OXE Links
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