The invention provides an oil and low-temperature resistant low-smoke and halogen-free flame retardant cable material for boats. The cable material is prepared from the following raw materials, by weight, 20-30 parts of polyurethane, 60-80 parts of methyl vinyl silicone rubber, 8-10 parts of acrylonitrile-butadiene rubber, 8-10 parts of magnesium hydroxide, 0.5-1.0 part of butyl stearate, 1-3 parts of barium stearate, 8-12 parts of triglycol dioctate, 4-6 parts of copper oxide, 0.5-1.0 parts of molybdenum trioxide, 30-50 parts of fumed silica, 10-13 parts of modified argil, 0.5-1.0 part of an antioxidant H, 0.1-0.3 parts of an antioxidant AW, 0.5-1.5 parts of a promoter NOBS, 0.2-0.5 parts of a vulcanizing agent DCBP, 8-10 parts of triphenyl phosphate, 12-15 parts of antimony (III) oxide and 6-8 parts of zinc borate hydrate. The cable material has the advantages of excellent flame retardation, very less smoke in combustion, no generation of toxic gases or corrosive gases, good low temperature resistance, good oil resistance, and good abrasion resistance.