Exhibit 12.2 Certification of Chief Financial Officer pursuant to Rule 13a-14(a)
of the Securities Exchange Act of 1934, as amended.

                                 CERTIFICATIONS

I, Christopher J. Thomas, certify that:

1.   I have reviewed this annual report on Form 20-F of Allships Ltd;

2.   Based on my knowledge, this report does not contain any untrue statement of
a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements were
made, not misleading with respect to the period covered by this report;

3.   Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material respects the
financial condition, results of operations and cash flows of the company as of,
and for, the periods presented in this report;

4.   The company's other certifying officer(s) and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) for the company and have: (a)
Designed such disclosure controls and procedures, or caused such disclosure
controls and procedures to be designed under our supervision, to ensure that
material information relating to the company, including its consolidated
subsidiaries, is made known to us by others within those entities, particularly
during the period in which this report is being prepared; (b) Evaluated the
effectiveness of the company's disclosure controls and procedures and presented
in this report our conclusions about the effectiveness of the disclosure
controls and procedures, as of the end of the period covered by this report
based on such evaluation; and (c) Disclosed in this report any change in the
company's internal control over financial reporting that occurred during the
period covered by the annual report that has materially affected, or is
reasonably likely to materially affect, the company's internal control over
financial reporting; and

5.   The company's other certifying officer(s) and I have disclosed, based on
our most recent evaluation of internal control over financial reporting, to the
company's auditors and the company's board of directors :

     (a)  All significant deficiencies and material weaknesses in the design or
     operation of internal control over financial reporting which are reasonably
     likely to adversely affect the company's ability to record, process,
     summarize and report financial information and

     (b)  Any fraud, whether or not material, that involves management or other
     employees who have a significant role in the company's internal control
     over financial reporting.

Date:  August 29, 2005


/s/ Christopher J. Thomas
- -------------------------'
    Christopher J. Thomas
Chief Financial Officer

23113.0001#597277