Exhibit 10.1

FOURTH AMENDMENT TO THE CREDIT AGREEMENT

FOURTH AMENDMENT TO THE CREDIT AGREEMENT (this “Amendment”), dated as of March 28, 2008, among GENERAL MARITIME CORPORATION, a Marshall Islands corporation (the “Borrower”), the Lenders party from time to time to the Credit Agreement referred to below (the “Lenders”) and NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as Administrative Agent (in such capacity, the “Administrative Agent”) and as Collateral Agent.  Unless otherwise defined herein, capitalized terms used herein and defined in the Credit Agreement are used herein as therein defined.

W I T N E S S E T H:

WHEREAS, the Borrower, the Lenders and the Administrative Agent have entered into a Credit Agreement, dated as of October 26, 2005 (the “Credit Agreement”);

WHEREAS, subject to the terms and conditions set forth below, the parties hereto wish to amend certain provisions of the Credit Agreement as provided herein;

NOW, THEREFORE, it is agreed;

A.            Amendments to the Credit Agreement

1.             Section 7.08(b) of the Credit Agreement is hereby amended by adding the following text at the end of the first sentence thereof:

 “except to purchase or carry or extend credit for the purpose of purchasing or carrying such Margin Stock as may be permitted to be purchased or carried pursuant to the terms of Section 9.05(vi) and (viii).”

2.             Section 9.02 of the Credit Agreement is hereby amended by adding the following sentence at the end thereof:

“Notwithstanding anything to the contrary contained above, the foregoing covenant shall not be violated as a result of sales of Margin Stock for cash at fair market value (as determined in good faith by the Borrower at the time of the respective sale).”

3.             Section 9.03(iv) of the Credit Agreement is hereby amended by deleting the text “$50,000,000” appearing therein and inserting “$150,000,000” in lieu thereof.

4.             Section 9.05 of the Credit Agreement is hereby amended by (x) deleting the text “and” appearing at the end of clause (vi) therein, (y) deleting the period “.” appearing at the end of clause (vii) therein and inserting the text “; and” in lieu thereof and (z) adding the following new clause (viii) at the end thereof:

“(viii) the Borrower and its Subsidiaries (other than the Subsidiary Guarantors) may make Investments in non-Subsidiaries; provided that (x) no Default or Event of Default has occurred and is continuing or would result following such Investment and (y) such Investments shall only be made in entities engaged in (A) the businesses permitted by Section 9.14 and (B) other maritime related businesses reasonably satisfactory to the Administrative Agent.”

5.             Section 10.04 of the Credit Agreement is hereby amended by (a) adding the text “(x)” immediately following the text “provided that” appearing therein and (b) inserting the following text immediately following the text “$10,000,000” appearing therein:

“and (y) in determining whether there is any Default or Event of Default pursuant to preceding clauses (ii) and (iii), there shall be excluded any condition described in said clauses (ii) and/or (iii) solely to the extent that the respective violation, occurrence or acceleration occurred as a result of violations of restrictions contained in any Indebtedness owing to Lender or Affiliate thereof on the creation of non-permitted Liens on Margin Stock or any non-permitted disposition thereof”.

B.            Miscellaneous Provisions

1.             In order to induce the Lenders to enter into this Amendment, the Borrower hereby represents and warrants to each of the Lenders that (i) all of the representations and warranties contained in the Credit Agreement and in the other Credit Documents are true and correct in all material respects on and as of the Amendment Effective Date (as defined below) both immediately before and immediately after giving effect thereto (unless such representations and warranties relate to a specific earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date) and (ii) there exists no Default or Event of Default on the Amendment Effective Date (as defined below) both immediately before and immediately after giving effect thereto .

2.             This Amendment is limited as specified and shall not constitute a modification, acceptance or Amendment of any other provision of the Credit Agreement or any other Credit Document.

3.             This Amendment may be executed in any number of counterparts and by the different parties hereto on separate counterparts, each of which counterparts when executed and delivered shall be an original, but all of which shall together constitute one and the same instrument.  A complete set of counterparts executed by all the parties hereto shall be lodged with the Borrower and the Administrative Agent.

4.             THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW YORK.

5.             This Amendment shall become effective on the date (the “Amendment Effective Date”) when:

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(i)            the Borrower, each Subsidiary Guarantor and the Required Lenders shall have signed a counterpart hereof (whether the same or different counterparts) and shall have delivered (including by way of facsimile (or other electronic) transmission) the same to the Administrative Agent; and

(ii)           the Administrative Agent shall have received from Kramer Levin Naftalis & Frankel LLP, special New York counsel to the Borrower and its Subsidiaries reasonably satisfactory to the Administrative Agent, an opinion addressed to the Administrative Agent and each of the Lenders and dated the Amendment Effective Date, in form and substance reasonably acceptable to the Administrative Agent, and covering such matters incident to this Amendment as the Administrative Agent may reasonably request.

6.             From and after the Amendment Effective Date, all references in the Credit Agreement and in the other Credit Documents to the Credit Agreement shall be deemed to be referenced to the Credit Agreement as modified hereby.

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[SIGNATURE PAGES TO FOLLOW]

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IN WITNESS WHEREOF, the parties hereto have caused their duly authorized officers to execute and deliver this Amendment as of the date first above written.