General Maritime Subsidiary (GMR) S-3 Shelf registration

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Exhibit 12

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			FISCAL YEAR
		2003	2002		2002		2001	2000	1999		1998
Fixed Charges
	Interest expense	24,839	11,174		14,747		17,728	19,900	16,981		15,201
	Amortized loan fees	2,472	1,150		1,492		890	691	520		879
Fixed Charges		27,311	12,324		16,239		18,618	20,591	17,501		16,080
Earnings
	Pretax operating income	77,163	(8,003	)	(9,742	)	51,221	20,282	(4,738	)	2,125
	Fixed charges	27,311	12,324		16,239		18,618	20,591	17,501		16,080
Earnings		104,474	4,321		6,497		69,839	40,873	12,763		18,205
Ratio of Earnings to Fixed Charges		3.83	0.35		0.40		3.75	1.98	0.73		1.13
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends		3.83	0.35		0.40		3.75	1.98	0.73		1.13

        For the nine months ended September 30, 2002 and the fiscal years 2002 and 1999, earnings were insufficient to cover fixed charges by $8,003, $9,742 and $4,738, respectively.

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

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General Maritime Corporation Computation of Ratio of Earnings to Fixed Charges