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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0000911971-01-500020.txt : 20010607
<SEC-HEADER>0000911971-01-500020.hdr.sgml : 20010607
ACCESSION NUMBER:		0000911971-01-500020
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20010606
FILED AS OF DATE:		20010606

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TEEKAY SHIPPING CORP
		CENTRAL INDEX KEY:			0000911971
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			C5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		
		SEC FILE NUMBER:	001-12874
		FILM NUMBER:		1655103

	BUSINESS ADDRESS:	
		STREET 1:		TK HOUSE, BAYSIDE EXECUTIVE PARK
		STREET 2:		WEST BAY ST & BLAKE RD, PO BOX AP-59213
		CITY:			NASSAU BAHAMAS
		STATE:			C5
		ZIP:			00000
		BUSINESS PHONE:		8093228020

	MAIL ADDRESS:	
		STREET 1:		TK HOUSE, BAYSIDE EXECUTIVE PARK
		STREET 2:		WEST BAY ST & BLAKE RD, PO BOX AP-59213
		CITY:			NASSAU BAHAMAS
		STATE:			C5
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VIKING STAR SHIPPING INC
		DATE OF NAME CHANGE:	19930914
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>form6k_060601.htm
<DESCRIPTION>FORM 6-K
<TEXT>

<HTML>
<HEAD>
<TITLE> Teekay Shipping Corporation </TITLE>
</HEAD>
<BODY>





<BR><BR>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=5.5>UNITED STATES
<BR>SECURITIES AND EXCHANGE COMMISSION</FONT></H1>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4.5>WASHINGTON,
D.C. 20549</FONT></H1>
<BR>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=5>FORM 6-K</FONT></H1>

<CENTER>                                                   Report of Foreign Private Issuer<BR><BR>

                                                 Pursuant to Rule 13a-16 or 15d-16 of<BR>
                                                  the Securities Exchange Act of 1934<BR><BR>




                                           Date of Report:  June 6, 2001<BR><BR><BR>



<FONT FACE="Times New Roman, Times, Serif" SIZE=5>    <B>TEEKAY SHIPPING CORPORATION</B></FONT><BR>
                                        (Exact name of Registrant as specified in its charter)<BR><BR><BR>


                                                               TK House<BR>
                                                        Bayside Executive Park<BR>
                                                     West Bay Street &amp; Blake Road <BR>
                                                  P.O. Box AP-59213, Nassau, Bahamas<BR>
                                                (Address of principal executive office)<BR><BR><BR>


<P><FONT FACE="Times New Roman, Times, Serif" SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Indicate
by check mark whether the registrant files or will file annual reports under
cover Form 20-F or Form 40-F.] </FONT></P>

                                 Form 20-F&nbsp;&nbsp;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  X&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>      &nbsp;&nbsp;&nbsp;&nbsp;Form 40- F&nbsp;&nbsp;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;</U><BR><BR><BR>




<P><FONT FACE="Times New Roman, Times, Serif" SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Indicate
by check mark whether the registrant by furnishing the information contained in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.] </FONT></P>

                                        Yes&nbsp;&nbsp;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>&nbsp;&nbsp;&nbsp;&nbsp;                     No &nbsp;&nbsp;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  X&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;</U><BR><BR><BR>




<P><FONT FACE="Times New Roman, Times, Serif" SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[If
&#147;Yes&#148; is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b):82-_______ ] </FONT></P></CENTER>
<BR><BR><BR><BR>

<PAGE>


<P><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>Item 1 - Information Contained in this Form 6-K Report</B><BR><BR>

Attached as Exhibit I is a copy of an announcement of Teekay Shipping Corporation (the "Company"), dated June 6, 2001.<BR><BR><BR>

THIS REPORT ON FORM 6-K IS HEREBY INCORPORATED BY REFERENCE INTO THE REGISTRATION STATEMENT OF THE COMPANY ON FORM F-3 FILED WITH
THE COMMISSION ON OCTOBER 4, 1995</FONT></P>

<PAGE>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>SIGNATURES</B></FONT></P><BR><BR>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.<BR><BR></FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TEEKAY SHIPPING CORPORATION<BR><BR><BR><BR><BR>





Date:  June 6, 2001


&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


<U>/s/ Peter S. Antturi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Peter S. Antturi<BR>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Vice President and Chief Financial Officer<BR><BR><BR>


</FONT></P>

<PAGE>




<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>EXHIBIT I</B></FONT></P><BR>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=4><B>TEEKAY SHIPPING CORPORATION</B></FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=3>TK House,
Bayside Executive Park, West Bay Street &amp; Blake Road <BR>P.O. Box AP-59212,
Nassau, Bahamas</FONT></P>







<HR><H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=3>NEWS RELEASE</FONT></H2><HR>

<BR>




<H2 ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=3>                             FOR IMMEDIATE RELEASE</FONT></H2>

<BR><BR>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>ANNOUNCEMENT
OF NOTE OFFERING</FONT></H1>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>Nassau, The Bahamas
&#150; June 6, 2001</B> - <B>Teekay Shipping Corporation</B> announced today
that it is offering US $200,000,000 in Senior Notes due 2011. Net proceeds from
the offering are expected to be used by Teekay to prepay certain of its
outstanding secured bank debt. The notes have not been registered under the
Securities Act of 1933 and may not be offered or sold in the United States
absent registration or applicable exemption from such registration requirements. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Teekay Shipping Corporation
is a leading provider of international crude oil and petroleum product
transportation services through the world&#146;s largest fleet of medium-sized
oil tankers. Headquartered in Nassau, Bahamas, with offices in eleven other
countries, Teekay employs over 300 on-shore and more than 2,700 seagoing staff
around the world. The Company&#146;s modern fleet has earned a reputation for
safety and excellence in providing transportation services to major oil
companies, oil traders and government agencies worldwide. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Teekay&#146;s common stock
trades on the New York Stock Exchange under the symbol &#147;TK&#148;. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=3>This press release shall
not constitute an offer to sell or the solicitation of an offer to buy, nor
shall there be any sale of the notes in any state or other jurisdiction in which
such offer, solicitation or sale would be unlawful. </FONT></P><BR><BR><BR>

                                            <CENTER>Investor Relations contact:<BR>
                                                  Geoff Dzikowski<BR>
                                              Tel: +1 (604) 844-6654<BR>
                                              Fax: +1 (604) 681-3011<BR>
                                         Email: geoff.dzikowski@teekay.com<BR><BR>

                                             Web Site: www.teekay.com<BR><BR><BR>




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