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Maritrans is barging ahead in marine transportation of oil. The company primarily transports crude oil and refined petroleum products along the Atlantic and Gulf coasts of the US from its main docking facilities in Tampa and Philadelphia. Its fleet consists of five tankers and 11 tug-barge units, and its vessels have a total carrying capacity of about 3.6 million barrels of oil. Among Maritrans' services is lightering -- transferring oil or refined products from large tankers to smaller vessels. Chevron, ConocoPhillips, Marathon Petroleum, Sunoco, and Valero collectively account for about 80% of Maritrans' revenue. Maritrans agreed to be acquired by Overseas Shipholding Group for $455 million in September 2006.
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| | | Contact Information | |
Address: |
2 Harbour Place, 302 Knights Run Ave.
Tampa, FL 33602
| | Phone: | 813-209-0600 | | Fax: | 813-221-2769 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2005): | 180.70 M | | Revenue Growth (1 yr): | 20.70% | | Employees (2005): | 216 | | Employee Growth (1 yr): | (-47.60%) |
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Key People
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Chairman:
William A. Smith
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CEO; President, Maritrans General Partner:
Jonathan P. Whitworth
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VP, CFO, and Secretary:
Walter T. Bromfield
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