General Maritime Corporation Declares Third Quarter 2009 Dividend of $0.125 Per Share

General Maritime Corporation Declares Third Quarter 2009 Dividend of $0.125
Per Share

NEW YORK, Nov. 12 /PRNewswire-FirstCall/ -- General Maritime Corporation
(NYSE: GMR) today announced the Company's Board of Directors declared a
quarterly dividend for the three months ended September 30, 2009 of $0.125 per
share. The dividend is payable on December 4, 2009 to shareholders of record
as of November 23, 2009. Including the Q3 2009 dividend, General Maritime has
declared cumulative quarterly and special dividends of $21.615 per share.

About General Maritime Corporation
General Maritime Corporation is a leading provider of international seaborne
crude oil transportation services. General Maritime also provides
transportation services for refined petroleum products. General Maritime's
vessels operate principally within the Atlantic basin, which includes ports in
the Caribbean, South and Central America, the United States, West Africa, the
Mediterranean, Europe and the North Sea. General Maritime also currently
operates tankers in other regions including the Black Sea and Far East.
General Maritime owns a fully double-hull fleet of 31 tankers - two Very Large
Crude Carriers, twelve Aframax, eleven Suezmax tankers, two Panamax and four
Handymax product tankers - with a total carrying capacity of approximately 4.0
million dwt.

"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of
1995
This press release contains forward-looking statements made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of
1995. These forward-looking statements are based on management's current
expectations and observations. Included among the factors that, in the
Company's view, could cause actual results to differ materially from the
forward looking statements contained in this press release are those listed
from time to time in the Company's filings with the Securities and Exchange
Commission, including, without limitation, its Annual Report on Form 10-K for
the year ended December 31, 2008 and its subsequent reports on Form 10-Q and
Form 8-K. The Company's ability to pay dividends in any period will depend
upon factors including applicable provisions of Marshall Islands law and the
final determination by the Board of Directors each quarter after its review of
the Company's financial performance. The timing and amount of dividends, if
any, could also be affected by factors affecting cash flows, results of
operations, required capital expenditures, or reserves. As a result, the
amount of dividends actually paid may vary from the amounts currently
estimated.

SOURCE General Maritime Corporation

Jeffrey D. Pribor, Chief Financial Officer, General Maritime Corporation,
+1-212-763-5680