SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): April 29, 2003
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Maritrans Inc.
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(Exact Name of Registrant Specified in Charter)
Delaware 1-9063 51-0343903
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(State or Other (Commission File (I.R.S. Employer
Jurisdiction of Number) Identification No.)
Incorporation)
Two Harbour Place
302 Knights Run Road
Tampa, Florida 33602
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (813) 209-0600
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Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
99.1 Press Release, dated April 29, 2003, issued by Maritrans Inc.
Item 9. Regulation FD Disclosure.
The following information and exhibit are being furnished under "Item 12.
Disclosure of Results of Operations and Financial Condition."
On April 29, 2003, Maritrans Inc. issued a press release announcing its
first quarter 2003 financial results. The press release is being furnished with
this Current Report on Form 8-K as Exhibit 99.1 and is hereby incorporated
herein by reference. The press release contains a presentation of TCE revenue,
which is a non-GAAP financial measure. A presentation of revenue, which is the
most comparable GAAP measure to TCE revenue, is contained in the press release,
as well as a reconciliation of TCE revenue to revenue. The Company's management
believes that the presentation of TCE revenue provides useful information
regarding the Company's financial condition and results of operation because TCE
revenue essentially nets the voyage costs and voyage revenue to yield a measure
that is comparable between periods regardless of the types of charters utilized.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
MARITRANS INC.
By: Walter T. Bromfield
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Walter T. Bromfield
Chief Financial Officer
Dated: May 5, 2003
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Exhibit Index
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Exhibit
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99.1 Press Release, dated April 29, 2003, issued by Maritrans Inc.