Maritrans Inc. Announces Second Quarter 2006 Earnings Release and Conference Call

Maritrans Inc. (NYSE:TUG) today announced that it will
release its second quarter 2006 earnings on the afternoon of Tuesday,
August 1, 2006. Maritrans' management will host an investor conference
call on Wednesday, August 2, 2006, at 9:00 a.m. eastern time to
discuss the results. To access the conference call, dial (800)
732-8451. Following the teleconference, a replay of the call may be
accessed by dialing [phone] and entering the reservation number
21299278. The replay will be available from 11:00 a.m. eastern time on
Wednesday, August 2, 2006 to 11:00 a.m. eastern time on Wednesday,
August 16, 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, August
16, 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. Maritrans employs a fleet of 11 tug/barge units and 5
tankers. Two of these tankers were redeployed to the transportation of
non-petroleum cargo. Approximately 75 percent of our oil carrying
fleet capacity is double-hulled. Our current oil carrying fleet
capacity aggregates approximately 3.4 million barrels, 79 percent of
which is barge capacity. Maritrans is headquartered in Tampa, Florida,
and maintains an office in the Philadelphia area.