Exhibit 12.1
GENERAL MARITIME CORPORATION
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES*
(Amounts in thousands of dollars, except ratios)
| Year Ended December 31, | ||||||||||||||||||||
| 2008 | 2007 | 2006 | 2005 | 2004 | ||||||||||||||||
| Fixed Charges | ||||||||||||||||||||
| Interest expense | $ | 29,388 | $ | 25,541 | $ | 4,165 | $ | 32,400 | $ | 38,831 | ||||||||||
| Capitalized interest | 119 | 2,385 | 3,571 | 3,475 | 1,270 | |||||||||||||||
| Amortized loan fees | 1,089 | 959 | 722 | 1,968 | 3,142 | |||||||||||||||
| Fixed Charges | 30,596 | 28,885 | 8,458 | 37,843 | 43,243 | |||||||||||||||
| Earnings | ||||||||||||||||||||
| Pretax operating income | 29,807 | 44,539 | 156,831 | 212,357 | 315,109 | |||||||||||||||
| Fixed charges | 30,596 | 28,885 | 8,458 | 37,843 | 43,243 | |||||||||||||||
| Capitalized interest | 119 | 2,385 | 3,571 | 3,475 | 1,270 | |||||||||||||||
| Earnings | 60,284 | 71,039 | 161,718 | 246,725 | 357,082 | |||||||||||||||
| Ratio of Earnings to Fixed Charges | 1.97 | 2.46 | 19.12 | 6.52 | 8.26 | |||||||||||||||
*As defined in Item 503(d) of Regulation S-K of the Securities Exchange Act of 1934