EXHIBIT 12.1

This document was submitted to the SEC on behalf of General Maritime Subsidiary Corp. The original filing can be found at http://www.sec.gov/Archives/edgar/data/00011272...

Exhibit 12.1

General Maritime Corporation

Computation of Ratio of Earnings to Fixed Charges*

(Expressed in thousands of United States Dollars, except ratios)

   

Nine months ended

September 30,

   

Year Ended December 31,

 
   

2010

   

2009

   

2008

   

2007

   

2006

   

2005

 

Fixed Charges

                                   

Interest expense

  $ 59,314     $ 37,344     $ 29,388     $ 25,541     $ 4,165     $ 32,400  

Capitalized interest

    -       -       119       2,385       3,571       3,475  

Amortized loan fees

    2,318       1,724       1,089       959       722       1,968  
    Interest Component of rent      314        466        918        918        918        918  
                                                 

Fixed Charges

    61,946       39,534       31,514       29,803       9,376       38,761  
                                                 

Earnings

                                               

Pretax operating (loss) income

    (49,421     (11,995 )     29,807       44,539       156,831       212,357  

Fixed charges

    61,946       39,534       31,514       29,803       9,376       38,761  

Capitalized interest

    -       -       119       2,385       3,571       3,475  
                                                 

Earnings

  $ 12,525     $ 27,539     $ 61,202     $ 71,957     $ 162,636     $ 247,643  
                                                 

Ratio of Earnings to Fixed Charges

    0.20 (a)      0.70 (a)     1.94       2.41       17.35       6.39  
                                                 

Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

    0.20       0.70       1.94       2.41       17.35       6.39  

(a) For the nine months ended September 30, 2010 and for year ended December 31, 2009, earnings were insufficient to cover fixed charges by $49,421 and $11,995, respectively.

*As defined in Item 503(d) of Regulation S-K of the Securities Exchange Act of 1934

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