Exhibit 12.1

Ratio of Earnings to Fixed Charges

Great Lakes Dredge & Dock Corporation

(dollars in thousands)

	2005			2006		2007		2008			2009
Pretax income (loss) from continuing operations (1)	$	(10,393	)	$	1,270	$	11,519	$	9,126		$	26,102
Fixed charges		29,866			31,521		26,055		24,931			24,338
Capitalized interest		-			-		-		(259	)		(162	)
Distributed income of equity investees		1,625			650		2,400		625			621
	$	21,098		$	33,441	$	39,974	$	34,423		$	50,899
Fixed charges:
Interest expense and amortization of deferred financing costs	$	23,275		$	24,547	$	18,209	$	17,395		$	16,393
Estimated interest expense in operating leases		6,591			6,974		7,846		7,536			7,945
Total fixed charges	$	29,866		$	31,521	$	26,055	$	24,931		$	24,338
Ratio of earnings to fixed charges		0.7	(2)		1.1		1.5		1.4			2.1

(1)  Before adjustment for noncontrolling interests in consolidated subsidiaries and income (loss) from equity investees.

(2)  Deficiency in earnings totaled $8,768 in 2005.