|TRICO MARINE SERVICES, INC.                            
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|EXHIBIT 12.1                                           
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|COMPUTATION OF RATIO OF EARNINGS TO FIXED
      CHARGES
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|(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.