Maritrans Announces Annual and Fourth Quarter 2005 Earnings Release and Conference Call

Maritrans Inc. (NYSE:TUG), today announced that it will
release its annual and fourth quarter 2005 earnings on the afternoon
of February 14, 2006. Maritrans' management will host an investor
conference call on Wednesday, February 15, 2006, at 9:00 a.m. eastern
time to discuss the results. To access the conference call, dial (800)
633-8410. Following the teleconference, a replay of the call may be
accessed by dialing [phone] and entering the reservation number
21283380. The replay will be available from 11:00 a.m. eastern time on
Wednesday, February 15, 2006 to 11:00 a.m. eastern time on Wednesday,
March 1, 2006. The conference call will also be webcast live on
Maritrans' website, www.maritrans.com, and a replay will be available
on the site immediately following the call through Wednesday, March 1,
2006.

   ABOUT MARITRANS

   Maritrans Inc. is a U.S. based company with a 78-year commitment
to building and operating petroleum transport vessels for the U.S.
domestic trade. We employ a fleet of tug/barge units and tankers that
is the largest fleet in our vessel size category. Our current oil
carrying fleet capacity aggregates approximately 3.6 million barrels,
72% of which is barge capacity. Approximately 69% of our oil carrying
fleet capacity is double-hulled. Maritrans is headquartered in Tampa,
Florida, and maintains an office in the Philadelphia area.