<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
Exhibit 27 contains summary information extracted from OMI Corporation and
subsidiaries Condensed Consolidated financial statements and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> SEP-30-2000
<EXCHANGE-RATE> 1
<CASH> 23,625
<SECURITIES> 0
<RECEIVABLES> 26,852
<ALLOWANCES> 1,027
<INVENTORY> 0
<CURRENT-ASSETS> 66,435
<PP&E> 488,841
<DEPRECIATION> 44,235
<TOTAL-ASSETS> 545,025
<CURRENT-LIABILITIES> 61,724
<BONDS> 254,206
0
0
<COMMON> 30,672
<OTHER-SE> 192,440
<TOTAL-LIABILITY-AND-EQUITY> 545,025
<SALES> 0
<TOTAL-REVENUES> 122,055
<CGS> 0
<TOTAL-COSTS> 51,210
<OTHER-EXPENSES> 20,477
<LOSS-PROVISION> 14,587
<INTEREST-EXPENSE> 20,404
<INCOME-PRETAX> 21,733
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 21,733
<EPS-BASIC> 0.39
<EPS-DILUTED> 0.39
</TABLE>