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MARITRANS ANNOUNCES CONVERSION TO CORPORATION

 PHILADELPHIA, March 31 /PRNewswire/ -- Maritrans Partners L.P. (NYSE: TUG) and Maritrans Inc. jointly announced the result of the unitholder vote at today's special meeting of the limited partners.
 The unitholders have approved the conversion of Maritrans Partners L.P. to a corporation, which is named Maritrans Inc. Maritrans Inc. will be listed on the New York Stock Exchange under the symbol "TUG," the same symbol that has been used by Maritrans Partners L.P. The effective date of this conversion will be April 1, 1993.
 Stephen A. Van Dyck, chairman and chief executive officer, commented, "We are pleased that after a year of work this significant result has been accomplished. We believe it is an important part of our long-term strategy for enhancing shareholder value and better serving our customers."
 Maritrans carries more than 200 million barrels of petroleum products annually in its fleet of 39 barges and 33 tugboats, making it the largest independent U.S. flag marine transporter of petroleum products operating in the coastal trade. Maritrans also owns and operates oil storage terminals on the Atlantic coast through its subsidiary companies, Maritank Philadelphia Inc. and Maritank Maryland Inc. It has recently formed another company named Marispond Inc. to provide oil spill contingency planning and clean-up management services.
 /delval/
 -0- 3/31/93
 /CONTACT: Gary Schaefer, 215-864-1288, or Richard Carson, 215-864-1254, both of Maritrans/
 (TUG)


CO: Maritrans Partners L.P. ST: Pennsylvania IN: MAR SU:

CC-LJ -- PH029 -- 1617 03/31/93 15:24 EST
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Date:Mar 31, 1993
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