**EXHIBIT 31.1**

  CERTIFICATION     AS ADOPTED PURSUANT TO   SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

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I, Craig H. Stevenson, Jr., certify that:

|   | 1. |  I have reviewed this report on Form 10-Q    of OMI Corporation;                                                                                                                                                                                                                                                              |
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|   | 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 registrant as of, and for, the periods presented    in this report;                    |
|   | 4. | The registrant’s other certifying officer 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 registrant 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        registrant, 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; |
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|   |   |   | (b)   Evaluatedthe effectiveness of the registrant’s disclosure controls and proceduresand presented in this report our conclusions about the effectiveness of the disclosurecontrols and procedures, as of the end of the period covered by this report basedon such evaluation; and                                                                                                                          |
|   |   |   | (c)    Disclosedin this report any change in the registrant’s internal control over financialreporting that occurred during the registrant’s most recent fiscal quarter(the registrant’s fourth fiscal quarter in the case of an annual report)that has materially affected, or is reasonably likely to materially affect, theregistrant’s internal control over financial reporting; and       |

|   | 5. | The registrant’s other certifying officer          and I have disclosed, based on our most recent evaluation of internal          control over financial reporting, to the registrant’s auditors          and the audit committee of the registrant’s board of directors      (or persons performing the equivalent functions): |
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|   |   |   | (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 registrant’s            ability to record, process, summarize and report financial information;        and |
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|   |   |   | (b)   Any fraud, whether or not material,            that involves management or other employeeswho have a significant role in the registrant’s internal control over financialreporting.                                                                                                                                          |

 

| **Date:** | **August 14, 2003** |   | **By:** | **/s/ Craig H. Stevenson, Jr.**                   |
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|      |                     |   |    |                                                   |
|      |                |   |    | Craig H. Stevenson, Jr.                           |
|      |                |   |    | Chairman of the Board and Chief Executive Officer |

 

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