Algarve-based Ghinis Boats is advancing marine design with a patented system that repositions outboard engines, freeing up to 70% more deck space and creating boats that are more efficient, sustainable, and accessible.
The company’s first 33-foot demonstration model, built entirely in marine-grade aluminum and incorporating its articulated motor system, is nearing completion in southern Portugal, with sea trials planned for early 2026.
Speaking to Portugal Startup News, founder and CEO Jorge Ghinis said their approach combines practical engineering with a focus on accessibility and environmental compatibility, aiming to serve both recreational users and professional applications such as rescue operations and tourism.
Adaptability of the technology
One of the startup’s main competitive advantages, Ghinis explains, lies in the adaptability of its articulated engine repositioning system. It can operate with any standard outboard motor – gasoline, diesel, electric, or flex-fuel – without requiring structural modifications.
“Our system is compatible with off-the-shelf motors, ensuring easy sourcing, lower maintenance costs, and greater flexibility for clients and shipyards around the world,” the Brazilian entrepreneur added.
The technology can also be retrofitted into existing boats and is designed to integrate with different propulsion systems, including electric and hydrogen-based options, aligning with future environmental standards in marine mobility.
Main milestones so far
Since its creation, Ghinis Boats has been recognized by Startup Portugal and incubated at CRIA – the University of Algarve and IPN – the University of Coimbra. In 2025, it was invited by ANJE – Associação Nacional de Jovens Empresários to participate in Web Summit Lisbon, a recognition Ghinis describes as “an important step that highlights the Algarve’s contribution to the blue economy.”
The company also received the “Ideias em Caixa” Award from the University of Algarve for its high-potential innovation and joined ACAP – Associação Automóvel de Portugal through its nautical division, creating connections with leading automotive and marine manufacturers.
Current stage and first sea trials
The first 33-foot demonstration model, built in marine-grade aluminum, incorporates their system to provide “unmatched” deck space and functionality, according to Ghinis.
It also includes onboard storage for a jet ski – a unique feature in boats under 45 feet – targeting the rapidly expanding personal watercraft market, which is estimated to be worth $2.1 billion in 2025 and projected to reach $3.4 billion by 2035.
Ghinis says the inclusion of a lift system for passengers with reduced mobility reflects his team’s commitment to accessibility and inclusive innovation.
Feedback from early presentations and engineering evaluations has been positive, with industry professionals highlighting the system’s simplicity, scalability, and efficiency, Ghinis said.
He added that the company has already attracted interest from potential partners in Europe and other regions for collaborations in rapid-response vessels, electric propulsion integration, and accessible marine transport solutions.
Target market
Ghinis Boats’ target market includes recreational and sport users, charter companies, and boat owners seeking more onboard space and usability. The modular platform is also adaptable for professional and specialized applications, such as rescue operations, patrol boats, and tourism vessels requiring customizable layouts and accessibility features.
Main goals for 2026
For 2026, the company plans to complete and conduct sea trials for its 33-foot demonstration boat, participate in international boat shows in Portugal, Spain, and other European countries, and advance research and development on electric and hydrogen propulsion integration to ensure compatibility with future green maritime standards.
It also aims to begin production of its first series of boats, expand manufacturing capacity through partnerships, and strengthen collaboration with shipyards and technology partners interested in adopting the patented system under licensing agreements.
Investment goals
To support these goals, Ghinis Boats is raising €250,000, divided into 10 participation units of €25,000 each, to complete the demonstration boat and prepare for its first international exhibitions and commercial launch.
The funds will be allocated to final construction and outfitting, testing and certification, participation in boat shows, marketing and business development, development of hydrogen and electric propulsion integration, team expansion, and scaling of production capacity.
The company’s current valuation stands at €5 million, which Ghinis says reflects the value of its proprietary technology, partnerships, and future growth potential.
Expansion outside Portugal
International expansion is already part of the roadmap. The company plans to establish a presence in the United States, Brazil, China, India, and Canada, while consolidating operations across Europe, especially in Portugal, Spain, France, Italy, the Netherlands, Germany, Croatia, Greece, and the Nordic countries.
Portugal remains the company’s industrial and technological base, serving as a bridge between European innovation and global market reach.
According to Ghinis, the modular manufacturing model allows for localized production, helping reduce logistics costs and adapt to each region’s market demands and regulations.
“Our mission is not just to build boats, but to build smarter, cleaner, and more inclusive solutions for the sea,” Ghinis said.
He added that Ghinis Boats represents the new generation of the Portuguese blue economy – combining innovation, sustainability, and inclusivity in one brand. “Portugal has given us the right ecosystem to innovate, and now we’re ready to take this technology global.”
Featured image: CEO Jorge Ghinis says the 33-foot aluminum prototype will demonstrate how the company’s system increases deck space and improves onboard functionality. (Photo courtesy of Ghinis Boats)
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