<TABLE> <S> <C>
<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.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> SEP-30-2000
<CASH> 219,721
<SECURITIES> 0
<RECEIVABLES> 45,572
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 302,404
<PP&E> 2,286,273
<DEPRECIATION> 664,704
<TOTAL-ASSETS> 1,978,165
<CURRENT-LIABILITIES> 151,249
<BONDS> 839,096
0
0
<COMMON> 448,667
<OTHER-SE> 527,058
<TOTAL-LIABILITY-AND-EQUITY> 1,978,165
<SALES> 0
<TOTAL-REVENUES> 622,148
<CGS> 0
<TOTAL-COSTS> 184,566
<OTHER-EXPENSES> 243,377
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 57,287
<INCOME-PRETAX> 147,538
<INCOME-TAX> 0
<INCOME-CONTINUING> 147,538
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 147,538
<EPS-BASIC> 3.85
<EPS-DILUTED> 3.77
</TABLE>