<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 <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