|TRICO MARINE SERVICES, INC.                                                                                                   
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|EXHIBIT 12.1                                                                                                                  
|COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES                                                                             
|(Dollars in thousands, except ratios)                                                                                         
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|(1) Earnings were insufficient to cover fixed charges, and
    fixed charges exceeded earnings by approximately $48.6 million.
|(2) Earnings were insufficient to cover fixed charges, and
    fixed charges exceeded earnings by approximately $18.8 million.
|(3) Earnings were insufficient to cover fixed charges, and
    fixed charges exceeded earnings by approximately $10.4 million.
|(4) Earnings were insufficient to cover fixed charges, and
    fixed charges exceeded earnings by approximately $29.1 million.