Keystone Shipping CO — Federal Contractor Profile
KEYSTONE SHIPPING CO: $113.9M in Government Contracts with Diverse Portfolio
Contractor Overview
Total Contract Value: $113,894,485 ($113.9M)
Total Awards: 6
Company Profile
KEYSTONE SHIPPING CO is a federal contractor with a significant presence in government shipping and logistics services, as evidenced by their $113.9 million in government contracts. The company has a diverse portfolio of contracts, though they have not secured any recent contracts. Their core capabilities include maritime transportation, logistics support, and supply chain management. The company has a strong track record, having consistently won contracts through competitive bidding, which suggests a robust market position. However, their lack of recent contracts and the absence of specific agency clients raises questions about their current business strategy and dependency patterns. KEYSTONE SHIPPING CO's business strategy appears to be centered around maintaining a diverse portfolio of contracts, which has historically provided them with a stable revenue stream. However, the absence of recent contracts and the lack of specific agency clients suggest a potential risk of reduced business activity in the near future. Compared to industry peers, KEYSTONE SHIPPING CO is a well-established player in the maritime logistics sector, but faces competition from larger and more diversified contractors.
Specializations
- Maritime Transportation
- Logistics Support
- Supply Chain Management
- Freight Services
- Marine Logistics
- Cargo Handling
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: diversified
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
KEYSTONE SHIPPING CO holds a strong market position as a well-established player in the maritime logistics sector. They have a diverse portfolio of contracts and a consistent track record of winning competitive bids, which suggests they are a reliable and capable contractor. However, the absence of recent contracts and the lack of specific agency clients indicate that they may be facing challenges in securing new business, which could impact their future growth prospects.
Value to Taxpayers
KEYSTONE SHIPPING CO provides good value for taxpayer money, given their consistent track record of winning competitive bids and their diverse portfolio of contracts. Their average contract size of $18.98 million suggests that they are able to deliver significant value to the government. However, the lack of recent contracts and the absence of specific agency clients raise questions about their current business strategy and the potential for cost escalation or reduced efficiency in the future.
Agency Relationships
While KEYSTONE SHIPPING CO has a diverse portfolio of contracts, the absence of specific agency clients raises concerns about their dependency patterns. The company's lack of recent contracts and the absence of specific agency clients suggest that they may be at risk of reduced business activity in the near future. This could lead to dependency risks if they are heavily reliant on a few key agencies for a significant portion of their business.
Red Flags
- No recent contracts: This could indicate challenges in securing new business, which could impact their future growth prospects.
- Lack of specific agency clients: This raises concerns about dependency risks and the potential for reduced business activity.
- No competitive win rate data: While they have won all contracts through competitive bidding, the absence of specific data on their competitive position makes it difficult to assess their market strength.
Green Flags
- Consistent track record of winning competitive bids: This suggests that KEYSTONE SHIPPING CO is a reliable and capable contractor.
- Diverse portfolio of contracts: This provides a stable revenue stream and reduces dependency on any single client.
- Strong market position: KEYSTONE SHIPPING CO is a well-established player in the maritime logistics sector.
Key Contracts
KEYSTONE SHIPPING CO has a diverse portfolio of contracts, with a significant portion of their business coming from maritime transportation and logistics support. Their largest contract, valued at $18.98 million, is a prime example of their capabilities in this area. This contract involves providing maritime transportation and logistics support for government cargo, which highlights their expertise in supply chain management and freight services. The contract's recompete rate of 100% suggests that the company has a strong track record of delivering value to the government, which has led to the continuation of their business relationship. However, the absence of recent contracts and the lack of specific agency clients raise questions about their current business strategy and the potential for reduced business activity in the near future.
Frequently Asked Questions
What does KEYSTONE SHIPPING CO do for the federal government?
KEYSTONE SHIPPING CO provides maritime transportation, logistics support, and supply chain management services to the federal government. Their core capabilities include managing the transportation and handling of government cargo, ensuring efficient and reliable supply chain operations, and providing freight services to support various government missions.
How much taxpayer money does KEYSTONE SHIPPING CO receive?
KEYSTONE SHIPPING CO has received $113.9 million in government contracts, with an average contract size of $18.98 million. This significant amount of taxpayer money underscores the importance of their services to the federal government and the scale of their operations.
Is KEYSTONE SHIPPING CO good value for taxpayer money?
KEYSTONE SHIPPING CO provides good value for taxpayer money, given their consistent track record of winning competitive bids and their diverse portfolio of contracts. However, the lack of recent contracts and the absence of specific agency clients raise questions about their current business strategy and the potential for cost escalation or reduced efficiency in the future.
How does KEYSTONE SHIPPING CO win its contracts?
KEYSTONE SHIPPING CO wins its contracts through competitive bidding, which suggests that they are a reliable and capable contractor. Their consistent track record of winning competitive bids indicates that they are able to deliver value to the government and meet the requirements of their contracts.
What agencies use KEYSTONE SHIPPING CO most?
While KEYSTONE SHIPPING CO has a diverse portfolio of contracts, the absence of specific agency clients raises concerns about their dependency patterns. The company's lack of recent contracts and the absence of specific agency clients suggest that they may be at risk of reduced business activity in the near future. This could lead to dependency risks if they are heavily reliant on a few key agencies for a significant portion of their business.
What are the risks of relying on KEYSTONE SHIPPING CO?
The risks of relying on KEYSTONE SHIPPING CO include the potential for reduced business activity in the near future, as evidenced by the absence of recent contracts and the lack of specific agency clients. This could lead to dependency risks if they are heavily reliant on a few key agencies for a significant portion of their business. Additionally, the lack of recent contracts raises questions about their current business strategy and the potential for cost escalation or reduced efficiency in the future.
How does KEYSTONE SHIPPING CO compare to similar contractors?
Compared to similar contractors in the maritime logistics sector, KEYSTONE SHIPPING CO is a well-established player with a strong market position. However, they face competition from larger and more diversified contractors, which could impact their future growth prospects. Their consistent track record of winning competitive bids and their diverse portfolio of contracts provide a stable revenue stream, but the absence of recent contracts and the lack of specific agency clients suggest that they may be facing challenges in securing new business in the near future.
Recent Federal Contracts
Keystone Shipping CO has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Transportation contract for deep sea freight valued at $28.3M awarded to Keys... | Department of Transportation | $28.3M | N/A |
| Transportation awards $25.3M cost-reimbursable contract for deep sea freight,... | Department of Transportation | $25.3M | N/A |
| DOT awards $3.37M for FY25 repairs to BOB HOPE, a vessel with a history of si... | Department of Transportation | $3.4M | N/A |