Consent re the General Maritime Amended and Restated Credit Agreement Ladies and Gentlemen:

Exhibit 10.53

February 24, 2009

General Maritime Corporation

General Maritime Subsidiary Corporation
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000-0000

Attention: Xxxx X. Xxxxxxxxxxxxx, Executive Vice President

CONFIDENTIAL

Consent re the General Maritime Amended and Restated Credit Agreement

Ladies and Gentlemen:

Reference is made to the Amended and Restated Credit Agreement, dated as of October 20, 2008, entered into by and among General Maritime Corporation (the “Parent”), General Maritime Subsidiary Corporation (the “Borrower” and, together with the Parent, “you”), the lenders party thereto from time to time (each, a “Lender” and collectively, “Lenders”), Nordea Bank Finland plc, New York Branch, as administrative agent (in such capacity, “Administrative Agent”) and as collateral agent (in such capacity, “Collateral Agent”) for Lenders (as so amended and as the same has been further amended and/or modified through the date hereof, the “Credit Agreement”).  Terms defined in the Credit Agreement shall have the same meaning when used in this letter (this “Consent”).

You have requested that the Administrative Agent and the Lenders consent to the Amendments (as herein defined) and the Administrative Agent and the Lenders party hereto have agreed to consent thereto as set forth herein.

Notwithstanding anything to the contrary contained in the Credit Agreement, the Administrative Agent, the Borrower, the other Credit Parties and the Lenders party hereto hereby

(i) consent to the acceleration of the October 26, 2009 Scheduled Commitment Reduction required under Section 4.02(c) of the Credit Agreement to the date hereof, and (ii) agree that Genmar Xxxxxx shall constitute a Mortgaged Vessel under the Credit Agreement and the other Credit Documents from and after the date on which each of the following conditions are satisfied: (a) GMR Xxxxxx LLC shall have duly authorized, executed and delivered, and caused to be recorded a Vessel Mortgage substantially in the form of Exhibit I-1 or I-2 to the Credit Agreement, as applicable, with respect to Genmar Xxxxxx, (b) GMR Xxxxxx LLC shall satisfy with the conditions applicable to Mortgaged Vessels and Subsidiary Guarantors as set forth in Sections 5.03, 5.04, 5.06, 5.07, 5.12, 5.14 and 5.15 of the Credit Agreement as if the Genmar Xxxxxx was a Mortgaged Vessel on the Initial Borrowing Date and (c) the Borrower shall deliver updated Schedules III, VI and VIII to the Credit Agreement revised to reflect the Amendments (clauses (i) and (ii) together, the “Amendments”).

THIS CONSENT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES.  EACH CREDIT PARTY HERETO HEREBY RATIFIES AND AFFIRMS THE CONSENTS TO THE JURISDICTION AND VENUE CONTAINED IN SECTION 13.08 OF THE CREDIT AGREEMENT WITH RESPECT TO ALL ACTIONS ARISING OUT OF THIS CONSENT.

EACH CREDIT PARTY HEREBY IRREVOCABLY WAIVES ALL RIGHT TO A TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THE CREDIT AGREEMENT, THE OTHER CREDIT DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED THEREBY.

The Credit Agreement is modified only by the express provisions of this Consent and this Consent shall not constitute a modification, acceptance or waiver of any other provision of the Credit Agreement or any other Credit Document except as specifically set forth herein.

This Consent may be executed and delivered via facsimile or other electronic transmission (i.e. “pdf”) with the same force and effect as if an original were executed and may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the signatures hereto were upon the same instrument.  This Consent constitutes the entire agreement and understanding among the parties hereto with respect to the subject matter hereof and supersedes any and all prior agreements and understandings, oral or written, relating to the subject matter hereof.

This Consent shall become effective on the date (the “Consent Effective Date”) when the Parent, the Borrower, each other Credit Party and the Required Lenders shall have signed a counterpart hereof (whether the same or different counterparts) and shall have delivered (including by way of facsimile or other electronic transmission) the same to White & Case LLP, 0000 Xxxxxx xx xxx Xxxxxxxx, Xxx Xxxx, XX 00000; Attention:  May Yip (facsimile number: 000-000-0000 / email: xxxx@xxxxxxxxx.xxx).

2

From and after the Consent Effective Date, all references in the Credit Agreement and each of the other Credit Documents to the Credit Agreement shall be deemed to be references to the Credit Agreement, as modified hereby.

*           *          *

3

	Very truly yours,
	NORDEA BANK FINLAND PLC, NEW YORK
	BRANCH, Individually and as Administrative Agent
	By:	/s/ Xxxxxxx Xxxxxx
		Name:	Xxxxxxx Xxxxxx
		Title:	Vice President
	By:	/s/ Xxxx Xxxxxxxx
		Name:	Xxxx Xxxxxxxx
		Title:	Executive Vice President

	SIGNATURE PAGE TO CONSENT DATED
	AS OF THE FIRST DATE WRITTEN ABOVE, AMONG
	GENERAL MARITIME CORPORATION,
	GENERAL MARITIME SUBSIDIARY
	CORPORATION, THE LENDERS PARTY
	HERETO, AND NORDEA BANK FINLAND PLC.
	NEW YORK, AS ADMINISTRATIVE AGENT
	Name of Institution:
	Alliance & Leicester Plc
	By:	/s/ Xxxxx Xxxxxx
		Name:		Xxxxx Xxxxxx
		Title:		Senior Manager, Corporate & Structured Finance
		By:	/s/ Xxxxxx Xxxxxxxx
		Name:		Xxxxxx Xxxxxxxx
		Title:		Head of Global Infrastructure

	SIGNATURE PAGE TO CONSENT DATED
	AS OF FEBRUARY       , 2009, AMONG
	GENERAL MARITIME CORPORATION,
	GENERAL MARITIME SUBSIDIARY
	CORPORATION, THE LENDERS PARTY
	HERETO, AND NORDEA BANK FINLAND PLC,
	NEW YORK, AS ADMINISTRATIVE AGENT
	Name of Institution: BANK OF SCOTLAND PLC.
	By:	/s/ Xxxxxx Xxxxxxxx
		Name:		XXXXXX XXXXXXXX
		Title:		DIRECTOR
		By:
		Name:
		Title:

	SIGNATURE PAGE TO CONSENT DATED AS
	OF THE FIRST DATE WRITTEN ABOVE,
	AMONG GENERAL MARITIME
	CORPORATION, GENERAL MARITIME
	SUBSIDIARY CORPORATION, THE LENDERS
	PARTY HERETO, AND NORDEA BANK
	FINLAND PLC, NEW YORK, AS
	ADMINISTRATIVE AGENT
	CREDIT INDUSTRIEL ET COMMERCIAL, NEW YORK BRANCH, as Lender
	By:	/s/ Xxxx Xxxxxx
		Name:		Xxxx Xxxxxx
		Title:		Vice President
		By:	/s/ Xxxxxxxx Xxxxxx
		Name:		Xxxxxxxx Xxxxxx
		Title:		Vice President

	SIGNATURE PAGE TO CONSENT DATED AS
	OF THE FIRST DATE WRITTEN ABOVE,
	AMONG GENERAL MARITIME
	CORPORATION, GENERAL MARITIME
	SUBSIDIARY CORPORATION, THE LENDERS
	PARTY HERETO, AND NORDEA BANK
	FINLAND PLC, NEW YORK, AS
	ADMINISTRATIVE AGENT
	Name of Institution: CITI BANK, NA
	By:	/s/ Xxxxxx Xxxxxxx
		Name:		XXXXXX XXXXXXX
		Title:		Director
		By:
		Name:
		Title:

	SIGNATURE PAGE TO CONSENT DATED
	AS OF FEBRUARY       , 2009, AMONG
	GENERAL MARITIME CORPORATION,
	GENERAL MARITIME SUBSIDIARY
	CORPORATION, THE LENDERS PARTY
	HERETO, AND NORDEA BANK FINLAND PLC,
	NEW YORK, AS ADMINISTRATIVE AGENT
	Name of Institution:
	DANISH SHIP FINANCE A/S
	(DANMARKS SKIBSKREDIT A/S)
	By:	/s/ Xxxxxx Donbo
		Name:		Denis Donbo
		Title:		Senior Vice President – Head of Credit
		By:	/s/ Xxxxx Xxxxxxxx
		Name:		Xxxxx Xxxxxxxx
		Title:		Assistant Relationship Manager

	SIGNATURE PAGE TO CONSENT DATED AS OF THE FIRST DATE WRITTEN ABOVE, AMONG GENERAL MARITIME CORPORATION, GENERAL MARITIME SUBSIDIARY CORPORATION, THE LENDERS PARTY HERETO, AND NORDEA BANK FINLAND PLC, NEW YORK, AS ADMINISTRATIVE AGENT
	Name of Institution:
	DnB NOR Bank ASA, New York Branch
	By:	/s/ Xxxxxxx Xxxxxxxxx
		Name:		Xxxxxxx Xxxxxxxxx
		Title:		Senior Vice President
		By:	/s/ Xxxxxxxx Xxxxxxx
		Name:		Xxxxxxxx Xxxxxxx
		Title:		Vice President

	SIGNATURE PAGE TO CONSENT DATED
	AS OF FEBRUARY     , 2009, AMONG
	GENERAL MARITIME CORPORATION,
	GENERAL MARITIME SUBSIDIARY
	CORPORATION, THE LENDERS PARTY
	HERETO, AND NORDEA BANK FINLAND PLC,
	NEW YORK, AS ADMINISTRATIVE AGENT
	Name of Institution:
	Dresdner Bank AG in Hamburg
	By:	/s/ Xxxxxxx WaBmann
		Name:		Xxxxxxx WaBmann
		Title:		Prokurist
		By:	/s/ Xxxxxx Xxxxxxxxxxxx
		Name:		Xxxxxx Xxxxxxxxxxxx
		Title:

	SIGNATURE PAGE TO CONSENT DATED AS
	OF THE FIRST DATE WRITTEN ABOVE,
	AMONG GENERAL MARITIME
	CORPORATION, GENERAL MARITIME
	SUBSIDIARY CORPORATION, THE LENDERS
	PARTY HERETO, AND NORDEA BANK
	FINLAND PLC, NEW YORK, AS
	ADMINISTRATIVE AGENT
	Name of Institution: Fortis Capital Corp.
	By:	/s/ Xxxxx Xxxx
		Name:		Xxxxx Xxxx
		Title:		Managing Director
		By:	/s/ C. Xxxxxx Xxxxxx
		Name:		C. XXXXXX XXXXXX
		Title:		DIRECTOR

	SIGNATURE PAGE TO CONSENT DATED AS OF THE FIRST DATE WRITTEN ABOVE, AMONG GENERAL MARITIME CORPORATION, GENERAL MARITIME SUBSIDIARY CORPORATION, THE LENDERS PARTY HERETO, AND NORDEA BANK FINLAND PLC, NEW YORK, AS ADMINISTRATIVE AGENT
	Name of Institution:				HSH NORDBANK
					HSH Nordbank AG
	By:	/s/ Xxx Xxxxxxxxxx
		Name:		Xxx Xxxxxxxxxx
		Title:		Vice President
		By:	/s/ Xxxxxxx Xxxxxxxx
		Name:		Xxxxxxx Xxxxxxxx
		Title:		Vice President

	SIGNATURE PAGE TO CONSENT DATED
	AS OF FEBRUARY       , 2009, AMONG
	GENERAL MARITIME CORPORATION,
	GENERAL MARITIME SUBSIDIARY
	CORPORATION, THE LENDERS PARTY
	HERETO, AND NORDEA BANK FINLAND PLC,
	NEW YORK, AS ADMINISTRATIVE AGENT
	Name of Institution:
	Bayerische Hypo- und Vereinsbank AG
	By:	/s/ Xxx Xxxxxxxx
		Name:		Xxx Xxxxxxxx
		Title:
		By:	/s/ Xxxx Xxxxxxx
		Name:		Xxxx Xxxxxxx
		Title:

	SIGNATURE PAGE TO CONSENT DATED AS
	OF THE FIRST DATE WRITTEN ABOVE,
	AMONG GENERAL MARITIME
	CORPORATION, GENERAL MARITIME
	SUBSIDIARY CORPORATION, THE LENDERS
	PARTY HERETO, AND NORDEA BANK
	FINLAND PLC, NEW YORK, AS
	ADMINISTRATIVE AGENT
	Name of Institution: LLOYDS TSB BANK PLC
	By:	/s/ Xxxxx Xxxxxx
		Name:		XXXXX XXXXXX
		Title:		ASSOCIATE DIRECTOR, SHIP FINANCE
		By:
		Name:
		Title:

	SIGNATURE PAGE TO CONSENT DATED
	AS OF FEBRUARY       , 2009, AMONG
	GENERAL MARITIME CORPORATION,
	GENERAL MARITIME SUBSIDIARY
	CORPORATION, THE LENDERS PARTY
	HERETO, AND NORDEA BANK FINLAND PLC,
	NEW YORK, AS ADMINISTRATIVE AGENT
	Name of Institution: Natixis
	By:	/s/ Xxxxx Xxxxxxxxx
		Name:		Xxxxx XXXXXXXXX
		Title:		Head of Middle Office Shipping
		By:	/s/ Xxxx Xxxxxxxxxx
		Name:		Xxxx XXXXXXXXXX
		Title:		Deputy Head of Shipping Finance

	SIGNATURE PAGE TO CONSENT DATED AS
	OF THE FIRST DATE WRITTEN ABOVE,
	AMONG GENERAL MARITIME
	CORPORATION, GENERAL MARITIME
	SUBSIDIARY CORPORATION, THE LENDERS
	PARTY HERETO, AND NORDEA BANK
	FINLAND PLC, NEW YORK, AS
	ADMINISTRATIVE AGENT
	Name of Institution:
	The Royal Bank of Scotland plc
	By:	/s/ Colin Manchester
		Name:		Colin Manchester
		Title:		Head of Shipping Coverage, Americas
		By:
		Name:
		Title:

	SIGNATURE PAGE TO CONSENT DATED
	AS OF FEBRUARY     , 2009, AMONG
	GENERAL MARITIME CORPORATION,
	GENERAL MARITIME SUBSIDIARY
	CORPORATION, THE LENDERS PARTY
	HERETO, AND NORDEA BANK FINLAND PLC,
	NEW YORK, AS ADMINISTRATIVE AGENT
	Name of Institution:
	SKANDINAVISKA ENSKILDA BANKEN (AB PUBL)
	By:	/s/ Xxxxx Xxxxxxxx
		Name:		XXXXX XXXXXXXX
		Title:		CLIENT EXECUTIVE
		By:	/s/ Xxxx Xxxxxxxxx
		Name:		XXXX XXXXXXXXX
		Title:		CLIENT EXECUTIVE

	SIGNATURE PAGE TO CONSENT DATED AS
	OF THE FIRST DATE WRITTEN ABOVE,
	AMONG GENERAL MARITIME
	CORPORATION, GENERAL MARITIME
	SUBSIDIARY CORPORATION, THE LENDERS
	PARTY HERETO, AND NORDEA BANK
	FINLAND PLC, NEW YORK, AS
	ADMINISTRATIVE AGENT
	Name of Institution:
	SUMITOMO MITSUI BANKING CORPORATION
	By:	/s/ Xxxxxxx X Xxxx
		Name:		Xxxxxxx X Xxxx
		Title:		General Manager
		By:
		Name:
		Title:

Accepted and Agreed to this
24 day of February, 2009
GENERAL MARITIME CORPORATION,
as Parent
By:	/s/ Xxxx X. Xxxxxxxxxxxxx
	Name:	Xxxx X. Xxxxxxxxxxxxx
	Title:	Executive Vice President, Treasurer and Secretary
GENERAL MARITIME SUBSIDIARY
CORPORATION,
as Borrower
By:	/s/ Xxxx X. Xxxxxxxxxxxxx
	Name:	Xxxx X. Xxxxxxxxxxxxx
	Title:	Treasurer

GMR ADMINISTRATION CORP.,

GMR AGAMEMNON LLC,

GMR AJAX LLC,

GMR ALEXANDRA LLC,

GMR ARGUS LLC,

GMR XXXXXXXXXXX LLC,

GMR DEFIANCE LLC,

GMR XXXXXX X. LLC,

GMR GULF LLC,

GMR XXXXXXX X. LLC,

GMR HOPE LLC,

GMR HORN LLC,

GMR XXXX X. LLC,

GMR MINOTAUR LLC,

GMR ORION LLC,

GMR PHOENIX LLC,

GMR PRINCESS LLC,

GMR PROGRESS LLC,

GMR REVENGE LLC,

GMR SPYRIDON LLC,

GMR ST. NIKOLAS LLC,

GMR STRENGTH LLC,

GMR XXXXXX LLC,

as Subsidiary Guarantors

By:	/s/ Xxxx X. Xxxxxxxxxxxxx
	Name: Xxxx X. Xxxxxxxxxxxxx
	Title: Manager/Treasurer
GENERAL MARITIME MANAGEMENT LLC,
as Subsidiary Guarantor
By:	/s/ Xxxxx Xxxx
	Name: Xxxxx Xxxx
	Title: Manager