-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, D9QDUhNDSb6f5kaf15dbJR0icoEBcfTPJnUTSUN/ts5S8gzg+uj8Mix+RbRghKj+ Lod9yly5e4C2z9X72XZ83w== 0000950116-96-000886.txt : 19960823 0000950116-96-000886.hdr.sgml : 19960823 ACCESSION NUMBER: 0000950116-96-000886 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960807 ITEM INFORMATION: Other events FILED AS OF DATE: 19960822 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARITRANS INC /DE/ CENTRAL INDEX KEY: 0000810113 STANDARD INDUSTRIAL CLASSIFICATION: WATER TRANSPORTATION [4400] IRS NUMBER: 510343903 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09063 FILM NUMBER: 96619030 BUSINESS ADDRESS: STREET 1: ONE LOGAN SQUARE 26TH FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 2158641200 MAIL ADDRESS: STREET 1: ONE LOGAN SQUARE STREET 2: 26TH FL CITY: PHILADELPHIA STATE: PA ZIP: 19103 FORMER COMPANY: FORMER CONFORMED NAME: MARITRANS PARTNERS L P DATE OF NAME CHANGE: 19920703 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES AND EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): August 7, 1996 MARITRANS INC. (Exact Name of Registrant as Specified in its Charter) DELAWARE (State or Other Jurisdiction of Incorporation) 1-9063 51-0343903 (I.R.S. Employer (Commission File No.) Identification No.) One Logan Square, Philadelphia Pennsylvania 19103 (Address of Principal Executive Offices) (Zip Code) (215) 864-1200 (Registrant's Telephone Number , Including Area Code) ITEM 5. OTHER EVENTS. On August 7, 1996, Maritrans Inc. and its subsidiary Maritrans Operating Partners L.P. (together, "Maritrans") filed suit against the United States government under the Fifth Amendment to the U.S. Constitution for taking 37 of Maritrans' tank barges without just compensation. Maritrans Inc. et. al. v. United States of America, U.S. Ct. Cl. (No. 96- 483 C, Aug. 7, 1996). Maritrans asserts that the vessels were taken with the passage of Section 4115 of the Oil Pollution Act of 1990 (OPA 90) and that this taking was done in contravention of the Fifth Amendment, which specifically prohibits the United States government from taking private property for public use without just compensation. Maritrans is seeking in excess of $200 million in compensation based on the fact that Maritrans has been deprived of its reasonable investment-backed expectation in the continued use of its barges by Section 4115 of OPA 90, which prohibits all existing single-hull tank vessels from operating in U.S. waters under a retirement schedule which began January 1, 1995, and ends on January 1, 2015. Under this OPA 90 provision, Maritrans' single-hull tank barges will be forced from service commencing on January 1, 2003, with a significant portion of their economic lives remaining, or be required to be retrofitted. A more detailed discussion of the effects of OPA 90 is contained in the Annual Report on form 10-K of Maritrans Inc. for the year ended December 31, 1995. 1 SIGNATURES 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, thereunto duly authorized, in the City of Philadelphia, Commonwealth of Pennsylvania on August 22, 1996. Maritrans Inc. By: /s/ Thomas C. Deas, Jr. - ------------------------------- Thomas C. Deas, Jr. Chief Financial Officer 2 -----END PRIVACY-ENHANCED MESSAGE-----