Printer Friendly

EDWARD R. SHERIDAN TO JOIN MARITRANS AS PRESIDENT OF NEWLY FORMED DISTRIBUTION SERVICES DIVISION

 PHILADELPHIA, Jan. 12 /PRNewswire/ -- Stephen Van Dyck, chairman and chief executive officer of Maritrans GP Inc., announced that Ed R. Sheridan has been appointed president of Maritrans' newly formed Distribution Services Division.
 "Ed's decision to join Maritrans marks an important step for our company," said Van Dyck. "His experience and knowledge enable us to better meet the changing needs of our customers in the oil industry."
 Sheridan will head the new petroleum Distribution Services Division formed to provide total distribution services to Maritrans customers. The division, based in Houston, will concentrate on utilizing Maritrans' barging and terminalling assets to help customers take advantage of potential economies of scale. Oil companies have been rethinking their distribution practices and in some important cases have been divesting their distribution assets as a part of their rationalization plans. Maritrans has acquired oil storage terminals in key areas on the East Coast.
 "Maritrans is a quality company dedicated to problem-solving and teamwork," said Sheridan. "I am delighted to be a part of the challenge to improve productivity and customer service."
 Sheridan's extensive experience in the field has been gained through his service to Texaco and Star Enterprise. Sheridan, recruited out of college by Texaco, has handled Texaco's and Star Enterprise's supply and distribution services from Texas to Maine. He has also spent time as a marketing manager in New York and an operations manager in the New England area.
 Sheridan received his bachelor of science degree from Farleigh Dickinson University. He is married with three sons and four grandchildren.
 Maritrans owns and operates a fleet of tugboats and oceangoing tank barges along the Gulf and Atlantic coasts, as well as oil storage terminals on the Atlantic coast, and is the largest independent U.S. flag marine transporter of petroleum products in the coastal trade. The company has also recently formed a company called Marispond Inc. to provide oil spill contingency planning and clean-up services. The Maritrans Partners L.P. (NYSE: TUG) limited partnership units are listed on the New York Stock Exchange under the symbol "TUG."
 /delval/
 -0- 1/12/93
 /CONTACT: Janice Smallacombe of Maritrans, 215-864-1253/
 (TUG)


CO: Maritrans Partners L.P.; Maritrans GP Inc. ST: Pennsylvania, Texas IN: MAR SU: PER

CC-MK -- PH016 -- 4114 01/12/93 14:26 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 12, 1993
Words:377
Previous Article:ONEOK INCORPORATED REPORTS FIRST QUARTER EARNINGS
Next Article:PUGET POWER BOARD DECLARES QUARTERLY DIVIDENDS
Topics:


Related Articles
MARITRANS ANNOUNCES MAJOR BUSINESS RESTRUCTURING; NEW INDEPENDENT BUSINESS UNITS POSITIONED FOR RAPID CUSTOMER RESPONSE
MARITRANS PARTNERS L.P. ANNOUNCES RESULTS FOR QUARTER ENDED MARCH 31, 1992, QUARTERLY DISTRIBUTION, INTENTION TO CONVERT TO CORPORATE FORM
MARITRANS PARTNERS L.P. ANNOUNCES RESULTS FOR THE QUARTER ENDED SEPT. 30, 1992
MARITRANS ANNOUNCES ACQUISITION OF PETROLEUM TERMINALS BASED IN SALISBURY, MD.
MARITRANS ANNOUNCES MANAGEMENT CHANGES
MARITRANS INC. ANNOUNCES RECEIPT OF CERTIFICATES OF FINANCIAL RESPONSIBILITY FROM U.S. COAST GUARD
MARITRANS INC. ANNOUNCES DIVISIONAL MANAGEMENT CHANGES AND ELECTION OF NEW BOARD MEMBER
MARITRANS TUG SEAFARER ASSISTS IN RESCUE OF TWO BOATERS
Maritrans Reports Improved Results For The Quarter Ended March 31, 1997
Maritrans Engages New Chief Financial Officer

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters