Proteum demos OXE Diesel’s low Total Cost of Ownership
15-04-2019Finance package launched for commercial operators
UK & Ireland distributor, Proteum, has been demonstrating to commercial operators the low Total Cost of Ownership (TCO) of the OXE Diesel outboard in comparison to petrol equivalents. Based on in service data, an operating scenario over 5 years shows OXE’s TCO to be, on average, £100,000 less than a petrol equivalent.
Proteum calculates that, for most users, OXE’s higher purchase price is recoverable after 700-1000 hours and sooner for operators unable to reclaim VAT on petrol. To ease the upfront costs Proteum has launched a Finance package* for commercial operators only. It has also added a TCO information tool on its website where users can calculate the cost profile for their operating scenarios.
Proteum recently held Demo Days at their facilities in Southampton running an OXE 200HP powered Rib. Iain Elliott of Portside Rib Charters, who attended a demo, commented, “The diesel runs very well, its quieter than I thought it would be. The pickup is very good. The economy is a big thing for me …that was at least half the fuel I would burn on my 250HP Yamaha, so very interesting!”
An OXE 150HP uses up to 45% less fuel than a modern 150HP 4-Stroke outboard, while its extended range significantly increases operational time between refuelling. Diesel’s higher working efficiency, ease of sourcing and lower volatility also makes it safer and more cost effective for commercial operators than a petrol equivalent.
“The Finance package* allows the operator to benefit immediately from OXE’s fuel efficiency and lower ownership costs and alleviates the pain from the upfront costs,” said Neil Taylor, Head of Sales at Proteum.
Earlier this year manufacturer Cimco Marine extended the OXE range with 125, 150, 175 and 200HP options to meet different customer specifications. A 300HP option is currently in development and due to be in production by early 2020.
Proteum is exhibiting OXE on Stand 135 at Skipper Expo International Aberdeen, 17-18 May 2019 and at Stand PO12 at Seawork International in Southampton, 11-13 June 2019.
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