EXHIBIT 31.1

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

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

|1. |  | I have reviewed this report on Form
10-K 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;          
|   |  | (b)                                                                                                                                                                                                                                                                                                        | Evaluated the effectiveness of the
registrant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 registrants internal control over financial reporting that occurred
during the registrants most recent fiscal quarter (the registrants
fourth fiscal quarter in this case of an annual report) that has materially affected,
or
is reasonably likely to materially affect, the registrant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):            |                                                                                                                                                                                                                                                                                                                                                                                         
|   |  | (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                                                                                                               
|   |  | (b)                                                                                                                                                                                                                                                                                                        | Any fraud, whether or not material, that involves
    management or other employees who have a significant role in the registrants
    internal control over financial reporting.                                                                                                                                                                                                      



|Date: March 10, 2004 | By: | /s/
    Craig H. Stevenson, Jr.                                           
|-------------------- | --- | --------------------------------------------------------------------------
|                     |     |                                                                           
|                     |     | Craig
H. Stevenson, Jr. 
Chairman
of the Board
and
Chief Executive Officer











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