<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-31-1999
<PERIOD-START>                                                    APR-01-1999
<PERIOD-END>                                                      DEC-31-1999
<CASH>                                                                220,327
<SECURITIES>                                                                0
<RECEIVABLES>                                                          30,753
<ALLOWANCES>                                                                0
<INVENTORY>                                                                 0
<CURRENT-ASSETS>                                                      280,659
<PP&E>                                                              2,291,482
<DEPRECIATION>                                                        624,727
<TOTAL-ASSETS>                                                      1,982,684
<CURRENT-LIABILITIES>                                                 126,503
<BONDS>                                                             1,018,610
<PREFERRED-MANDATORY>                                                       0
<PREFERRED>                                                                 0
<COMMON>                                                              427,937
<OTHER-SE>                                                            404,130
<TOTAL-LIABILITY-AND-EQUITY>                                        1,982,684
<SALES>                                                                     0
<TOTAL-REVENUES>                                                      377,882
<CGS>                                                                       0
<TOTAL-COSTS>                                                         129,532
<OTHER-EXPENSES>                                                      224,778
<LOSS-PROVISION>                                                            0
<INTEREST-EXPENSE>                                                     44,996
<INCOME-PRETAX>                                                       (19,595)
<INCOME-TAX>                                                                0
<INCOME-CONTINUING>                                                   (19,595)
<DISCONTINUED>                                                              0
<EXTRAORDINARY>                                                             0
<CHANGES>                                                                   0
<NET-INCOME>                                                          (19,595)
<EPS-BASIC>                                                           (0.54)
<EPS-DILUTED>                                                           (0.54)



</TABLE>