01 / PSC Market Profile
PSC P300 Salvage- Marine Vessels Federal Contracts
Product and Service Code P300
Federal contract activity classified under Salvage- Marine Vessels across FY 2019–FY 2025. Net obligations include both new obligations and subsequent deobligations.
02 / Market Size
How large is the PSC P300 federal market?
03 / Spending Trend
PSC P300 contract spending by fiscal year
Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.
Latest closed fiscal year$28.41M
FY 2025| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2019 | $58.42M | 140 | 22 | 7 | — |
| FY 2020 | $21.55M | 133 | 18 | 7 | −63.1% |
| FY 2021 | $34.48M | 105 | 18 | 9 | +60.0% |
| FY 2022 | $27.74M | 114 | 14 | 6 | −19.6% |
| FY 2023 | $41.78M | 84 | 14 | 6 | +50.6% |
| FY 2024 | $78.41M | 71 | 15 | 6 | +87.7% |
| FY 2025 | $28.41M | 52 | 15 | 7 | −63.8% |
04 / Top Federal Customers
Which federal agencies buy most in this industry?
Ranked by net obligations during FY 2019–FY 2025.
| Federal customer | Code | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|
| DEPT OF THE NAVY | 1700 | $285.85M | 599 | 14 | 98.3% |
| DEPT OF THE ARMY | 2100 | $1.26M | 17 | 10 | 0.4% |
| U.S. COAST GUARD | 7008 | $1.15M | 15 | 7 | 0.4% |
| NATIONAL PARK SERVICE | 1443 | $1.03M | 14 | 9 | 0.4% |
| NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION | 1330 | $852.3K | 22 | 12 | 0.3% |
| DEPT OF THE AIR FORCE | 5700 | $275.0K | 3 | 1 | 0.1% |
| U.S. FISH AND WILDLIFE SERVICE | 1448 | $268.4K | 12 | 5 | 0.1% |
| STATE, DEPARTMENT OF | 1900 | $94.0K | 1 | 1 | 0.0% |
| DEPARTMENTAL OFFICES | 1406 | $29.3K | 1 | 1 | 0.0% |
| SMITHSONIAN INSTITUTION | 3300 | $7.3K | 1 | 1 | 0.0% |
05 / Contracting Offices
Which contracting offices buy in PSC P300?
Ranked by net obligations during FY 2019–FY 2025.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| NAVSEA HQ | N00024 | DEPT OF THE NAVY | $275.75M | 572 | 9 | 94.8% |
| NORFOLK NAVAL SHIPYARD GF | N42158 | DEPT OF THE NAVY | $9.88M | 6 | 1 | 3.4% |
| HQ CONTRACT OPERATIONS (CG-912)(000 | 70Z023 | U.S. COAST GUARD | $1.06M | 4 | 1 | 0.4% |
| W07V ENDIST VICKSBURG | W912EE | DEPT OF THE ARMY | $866.0K | 3 | 1 | 0.3% |
| DEPT OF COMMERCE NOAA | 1305M2 | NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION | $673.2K | 10 | 7 | 0.2% |
| PWR PORE MABO (84000) | 140P84 | NATIONAL PARK SERVICE | $452.0K | 6 | 3 | 0.2% |
| SER NORTH MABO (53000) | 140P53 | NATIONAL PARK SERVICE | $295.0K | 1 | 1 | 0.1% |
| FA4819 325 CONS PKP | FA4819 | DEPT OF THE AIR FORCE | $275.0K | 3 | 1 | 0.1% |
| FWS PACIFIC REGIONAL OFFICE | 140F01 | U.S. FISH AND WILDLIFE SERVICE | $240.0K | 4 | 1 | 0.1% |
| W2SD ENDIST BALTIMORE | W912DR | DEPT OF THE ARMY | $193.1K | 2 | 1 | 0.1% |
06 / Top Vendors
Which contractors lead the PSC P300 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| DONJON MARINE CO., INC. | $173.34M | 214 | 2 | 59.6% | Aug 29, 2025 |
| SMIT SALVAGE AMERICAS INC. | $50.95M | 74 | 2 | 17.5% | Aug 29, 2025 |
| SMIT SINGAPORE PTE LTD | $23.83M | 32 | 2 | 8.2% | Jul 11, 2025 |
| PHOENIX INTERNATIONAL HOLDINGS INC | $17.79M | 204 | 1 | 6.1% | Apr 9, 2024 |
| COLONNA'S SHIP YARD, INCORPORATED | $9.88M | 6 | 1 | 3.4% | Feb 6, 2020 |
| MARINE GROUP BOAT WORKS, LLC | $9.65M | 6 | 1 | 3.3% | Jan 11, 2024 |
| SEABORNE CORPORATION | $1.06M | 4 | 1 | 0.4% | Jun 6, 2025 |
| BIG RIVER SHIPBUILDERS, INC. | $866.0K | 3 | 1 | 0.3% | Jun 6, 2025 |
| GULFSTREAM TRANSPORT & SALVAGE, LLC | $343.0K | 5 | 2 | 0.1% | May 21, 2025 |
| P & R WATER TAXI LLC | $300.0K | 1 | 1 | 0.1% | Jun 10, 2022 |
07 / Industry Mix
What industries are purchased under PSC P300?
| NAICS | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| 488390 | OTHER SUPPORT ACTIVITIES FOR WATER TRANSPORTATION | $249.13M | 384 | 12 | 85.7% |
| 336611 | SHIP BUILDING AND REPAIRING | $21.09M | 37 | 9 | 7.3% |
| 488330 | NAVIGATIONAL SERVICES TO SHIPPING | $18.53M | 228 | 12 | 6.4% |
| 483111 | DEEP SEA FREIGHT TRANSPORTATION | $488.5K | 2 | 2 | 0.2% |
| 562119 | OTHER WASTE COLLECTION | $446.2K | 8 | 4 | 0.2% |
| 561990 | ALL OTHER SUPPORT SERVICES | $319.1K | 19 | 8 | 0.1% |
| 562112 | HAZARDOUS WASTE COLLECTION | $267.5K | 3 | 1 | 0.1% |
| 238910 | SITE PREPARATION CONTRACTORS | $242.4K | 3 | 2 | 0.1% |
| 336612 | BOAT BUILDING | $94.0K | 1 | 1 | 0.0% |
| 333912 | AIR AND GAS COMPRESSOR MANUFACTURING | $69.0K | 2 | 1 | 0.0% |
08 / Buying Pattern
How does the government buy in PSC P300?
| Common action type | Obligations | Actions |
|---|---|---|
| DELIVERY ORDER | $266.29M | 594 |
| PURCHASE ORDER | $12.49M | 73 |
| DEFINITIVE CONTRACT | $11.73M | 27 |
| BPA CALL | $278.6K | 5 |
09 / Recent Contract Awards
What was awarded most recently in PSC P300?
10 / Market Interpretation
How should contractors evaluate this market?
Start with the spending direction
Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.
Follow the actual buyers
Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.
Measure accessible demand
Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $290.79M market as addressable.