<ARTICLE>                                                                   5
<LEGEND>
THIS SCHEDULE  CONTAINS  SUMMARY  FINANCIAL  INFORMATION  EXTRACTED  FROM TEEKAY
SHIPPING CORPORATION AND SUBSIDIARIES  CONSOLIDATED  FINANCIAL STATEMENTS AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

<MULTIPLIER>                                                            1,000

                                                              
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                 DEC-31-2000
<PERIOD-START>                                                    JAN-01-2000
<PERIOD-END>                                                      JUN-30-2000
<CASH>                                                                126,123
<SECURITIES>                                                                0
<RECEIVABLES>                                                          35,615
<ALLOWANCES>                                                                0
<INVENTORY>                                                                 0
<CURRENT-ASSETS>                                                      201,842
<PP&E>                                                              2,283,543
<DEPRECIATION>                                                        639,453
<TOTAL-ASSETS>                                                      1,895,634
<CURRENT-LIABILITIES>                                                 152,132
<BONDS>                                                               849,754
<PREFERRED-MANDATORY>                                                       0
<PREFERRED>                                                                 0
<COMMON>                                                              431,674
<OTHER-SE>                                                            454,416
<TOTAL-LIABILITY-AND-EQUITY>                                        1,895,634
<SALES>                                                                     0
<TOTAL-REVENUES>                                                      383,462
<CGS>                                                                       0
<TOTAL-COSTS>                                                         120,775
<OTHER-EXPENSES>                                                      163,819
<LOSS-PROVISION>                                                            0
<INTEREST-EXPENSE>                                                    (39,265)
<INCOME-PRETAX>                                                        66,686
<INCOME-TAX>                                                                0
<INCOME-CONTINUING>                                                    66,686
<DISCONTINUED>                                                              0
<EXTRAORDINARY>                                                             0
<CHANGES>                                                                   0
<NET-INCOME>                                                           66,686
<EPS-BASIC>                                                            1.75
<EPS-DILUTED>                                                            1.72