-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JJ/ga+w/bwurawlK7i4/Y+hxPMtvW3Z1xT+PKugfGwZDzlioAGXktlwZKGz/twSm a7GrlUHdptH9Sr5ZvhBetg== 0000891020-98-000012.txt : 19980114 0000891020-98-000012.hdr.sgml : 19980114 ACCESSION NUMBER: 0000891020-98-000012 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980113 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TEEKAY SHIPPING CORP CENTRAL INDEX KEY: 0000911971 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 000000000 FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-45313 FILM NUMBER: 98505568 BUSINESS ADDRESS: STREET 1: TRADEWINDS BLDG SIXTH FLR STREET 2: BAY ST PO BOX SS-6293 CITY: NASSAU BAHAMAS STATE: C5 BUSINESS PHONE: 8093228020 MAIL ADDRESS: STREET 1: TRADEWINDS BLDG SIXTH FLOOR STREET 2: BAY STREET PO BOX 22-6293 CITY: NASSAU BAHAMAS STATE: C5 FORMER COMPANY: FORMER CONFORMED NAME: VIKING STAR SHIPPING INC DATE OF NAME CHANGE: 19930914 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WORLDWIDE TRUST SERVICES LTD CENTRAL INDEX KEY: 0001007113 STANDARD INDUSTRIAL CLASSIFICATION: [] FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: CHARLOTTE HOUSE STREET 2: P O BOX N-4825 CITY: NASSAU NP BAHAMAS BUSINESS PHONE: (809)3266437 SC 13G 1 SCHEDULE 13G 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 TEEKAY SHIPPING CORPORATION ----------------------------------------- (Name of Issuer) COMMON STOCK NO PAR VALUE PER SHARE ----------------------------------------- (Title of Class of Securities) V89564 10 4 ----------------------------------------- (CUSIP Number of Class of Securities) 2 CUSIP NO. SCHEDULE 13G PAGE 2 OF 6 PAGES V89564 10 4 (1) NAMES OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON JTK Trust --------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ] (B) [ ] --------------------------------------------------------------------- (3) SEC USE ONLY --------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Organized under the laws of the Bahamas --------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF 2,888,293 SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 0 EACH -------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 2,888,293 -------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 0 -------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,888,293 --------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.1% --------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON* OO --------------------------------------------------------------------- 3 ITEM 1(a). NAME OF ISSUER: This Schedule 13G relates to Teekay Shipping Corporation, a Liberian corporation (the "Company"). ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: The Company's principal executive headquarters are located at the Tradewinds Building, Sixth Floor, Bay Street, P.O. Box SS-6293, Nassau, Bahamas. ITEM 2(a). NAME OF PERSONS FILING: This Schedule 13G relates to JTK Trust. ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE: The business address of the reporting person is Worldwide Trust Services Limited, P.O. Box N-4825, Charlotte House, Charlotte Street, Nassau, Bahamas. ITEM 2(c). CITIZENSHIP: JTK Trust is a trust organized under the laws of the Bahamas. ITEM 2(d). TITLE OF CLASS OF SECURITIES: This Schedule 13G relates to the Company's common stock, no par value per share (the "Common Stock"). ITEM 2(e). CUSIP Number: The CUSIP Number for the Company's Common Stock is V89564 10 4. ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or dealer registered under Section 15 of the Act (b) [ ] Bank as defined in Section 3(a)(6) of the Act (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (d) [ ] Investment Company registered under Section 8 of the Investment Company Act (e) [ ] Investment Advisor registered under Section 203 of the Investment Advisors Act of 1940 4 (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund (g) [ ] Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G) (h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H). Not Applicable. ITEM 4. OWNERSHIP The following describes the ownership of Common Stock by JTK Trust as of December 31, 1997: (a) Amount Beneficially Owned: 2,888,293 (b) Percent of Class: 10.1% (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 2,888,293 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 2,888,293 (iv) shared power to dispose or to direct the disposition of: 0 ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not Applicable. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not Applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not Applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not Applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not Applicable. ITEM 10. CERTIFICATION. By signing below, the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. 5 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, the undersigned hereby certifies that the information set forth in this statement is true, complete and correct. Date: January 12, 1998 JTK TRUST By: WORLDWIDE TRUST SERVICES LIMITED, as Trustee By: /s/ JOHN E. KING -------------------------- John E. King, President -----END PRIVACY-ENHANCED MESSAGE-----