<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> 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 <PREFERRED-MANDATORY> 0 <PREFERRED> 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