Maritrans Inc. Establishes Memorial Funds

Maritrans Inc. (NYSE:TUG) today announced that the
Company has established memorial funds in honor of each of the three
Maritrans crewmen who recently lost their lives at sea. The memorial
funds are as follows:
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Fred Brenner Memorial Fund
c/o Wachovia Bank
Martin Plaza Financial Center
1442 Martin Blvd.
Baltimore, MD 21220

Ron Emory Memorial Fund
c/o Citizens Bank
652 North DuPont Highway
Milford, DE 19963

Richard Smoot Memorial Fund
c/o Fifth Third Bank
1008 Oak Street
Kenova, WV 25530
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   For those interested in contributing to these memorial funds,
checks may be mailed directly to the accounts noted above.
Alternatively, any donations that are received by Maritrans at 302
Knights Run Ave, Suite 1200, Tampa, FL, 33602, will be sent to the
specified memorial fund account. In the absence of a specific
designation, funds will be equally distributed to the three memorial
accounts. Please contact Jennifer Waldman of Maritrans at 813-209-0686
with any questions regarding the memorial funds.
   Maritrans Inc. has its headquarters in Tampa, FL, and operates a
fleet of oil tankers, oil barges and tug boats.