TUG Maritrans Part

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: -0- *T 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 *T 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.