Mack Boring & Parts Co. and OXE Marine AB team up with the United States Coast Guard

OXE distributor, Mack Boring & Parts Co. to supply four OXE Diesel Outboard units to the United States Coast Guard through a DLA Tailored Logistics Support Contract.

The engines will be part of a project to refit existing vessels with diesel outboards for various operations. This purchase comes after a long period of rigorous testing and evaluation of the OXE Diesel product performed by the USCG R&D center supported by Mack Boring.

“We are looking forward to building on our longstanding and beneficial relationship with the USCG.  The OXE Diesel offers the durability, performance and fuel economy of diesel engines along with the advantages of outboards making it a great solution for military and commercial markets.  We have supported the US military for many years and we are excited to bring them this innovative product.” Scott DuBrow, Director of Sales & Marketing, Mack Boring & Parts Co.

“We are extremely pleased with the outcome of this first commercial order from the United States Coast Guard. The support provided by our US distributor, Mack Boring & Parts, during the test and validation period with the USCG has been instrumental and would like to thank them for their efforts and patience. I have no doubts this will the first of many orders and we look forward to servicing the US government – they are potentially by far the largest consumer in the global governmental market for the power range of our product”, says Myron Mahendra, CEO OXE Marine AB.

The OXE Diesel Outboard offers superior Safety, Endurance, Reliability, Power, and Control over gasoline engines, giving the user traditional benefits of diesel performance, with the convenience of outboard serviceability and replacement.

Certified Adviser
FNCA Sweden AB is Certified Adviser for OXE Marine AB (publ). Contact details to FNCA Sweden AB: tel. +46 8 528 00 399, e-mail info@fnca.se.

For further information, please contact:

Myron Mahendra, CEO, myron.mahendra@oxemarine.com, +46 76 347 59 82
Anders Berg, Chairman, anders.berg@oxemarine.com, +46 70 358 91 55

OXE Marine AB (publ) is obligated to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on 18th August 2020 at 16.15 CET.

OXE Marine AB (publ) has, after several years of development, constructed the OXE Diesel, the world's first diesel outboard engine in the high-power segment. OXE Marine’s unique patented engine-to-propulsion power transmission solutions have led to high demand for the company’s engines worldwide.

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OXE Marine AB (publ) has, after several years of development, constructed the OXE Diesel, the world´s first diesel outboard engine in the high-power segment. OXE Diesel has a unique belt driven propulsion system that allows a hydraulic multi-friction gearbox to be mounted. This means that the engine can handle significantly higher loads than a traditional outboard engine. OXE Marine´s OXE diesel has a horizontally mounted engine as opposed to a traditional outboard with a vertically mounted engine.

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Quotes

We are looking forward to building on our longstanding and beneficial relationship with the USCG.  The OXE Diesel offers the durability, performance and fuel economy of diesel engines along with the advantages of outboards making it a great solution for military and commercial markets.  We have supported the US military for many years and we are excited to bring them this innovative product.
Scott DuBrow, Director of Sales & Marketing, Mack Boring & Parts Co.
We are extremely pleased with the outcome of this first commercial order from the United States Coast Guard. The support provided by our US distributor, Mack Boring & Parts, during the test and validation period with the USCG has been instrumental and would like to thank them for their efforts and patience. I have no doubts this will the first of many orders and we look forward to servicing the US government – they are potentially by far the largest consumer in the global governmental market for the power range of our product.
Myron Mahendra, CEO OXE Marine AB