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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
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 i3GFADXed2MZmeZ8A5MUmw==

<SEC-DOCUMENT>0001130319-01-500297.txt : 20020412
<SEC-HEADER>0001130319-01-500297.hdr.sgml : 20020412
ACCESSION NUMBER:		0001130319-01-500297
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20011129
FILED AS OF DATE:		20011129

FILER:

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

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12874
		FILM NUMBER:		1802381

	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>o06106e6-k.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER
<TEXT>
<HTML>
<HEAD>
<TITLE>Report of Foreign Private Issuer</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<P align="center"><FONT size="2"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B><BR>
<U><B>WASHINGTON, D.C. 20549</B></U>
</FONT>

<P align="center"><FONT size="4"><B>FORM 6-K</B>
</FONT>

<P align="center"><FONT size="2">Report of Foreign Private Issuer</FONT>

<P align="center"><FONT size="2">Pursuant to Rule&nbsp;13a-16 or 15d-16 of<BR>
the Securities Exchange Act of 1934</FONT>
<P>
<HR size="1" width="26%" align="center">

<P align="center"><FONT size="2">Date of report: November&nbsp;29, 2001</FONT>

<P align="center"><FONT size="4"><B>TEEKAY SHIPPING CORPORATION</B></FONT><BR>
<FONT size="2">(Exact name of Registrant as specified in its charter)
</FONT>

<P align="center"><FONT size="2">TK House<BR>
Bayside Executive Park<BR>
West Bay Street &#038; Blake Road<BR>
P.O. Box AP-59213, Nassau, Bahamas<BR>
(Address of principal executive office)
</FONT>
<P>
<HR size="1" width="26%" align="center">

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#091;Indicate by check mark whether the registrant files or will file annual
reports under cover Form&nbsp;20-F or Form&nbsp;40-F.&#093;
</FONT>
<P align="center"><FONT size="2">Form&nbsp;20-F <U>&nbsp;&nbsp; X &nbsp;&nbsp;</U>&nbsp;&nbsp;&nbsp; Form&nbsp;40-F&nbsp;&nbsp;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#091;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&nbsp;12g3-2(b) under the Securities Exchange Act
of 1934.&#093;
</FONT>
<P align="center"><FONT size="2">Yes <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> &nbsp;&nbsp;&nbsp;No  <U>&nbsp;&nbsp; X &nbsp;&nbsp;</U>
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#091;If &#147;Yes&#148; is marked, indicate below the file number assigned to the
registrant in connection with Rule&nbsp;12g3-2(b):82-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#093;
</FONT>

<P align="center"><FONT size="2"></FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<P align="left"><FONT size="2"><B>Item&nbsp;1 &#151; Information Contained in this Form&nbsp;6-K Report</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Attached as Exhibit&nbsp;I is a copy of an announcement of Teekay Shipping
Corporation (the &#147;Company&#148;), dated November&nbsp;28, 2001.
</FONT>
<P><FONT size="2">THIS REPORT ON FORM 6-K IS HEREBY INCORPORATED BY REFERENCE INTO THE
REGISTRATION STATEMENTS OF THE COMPANY ON FORM F-3 FILED WITH THE COMMISSION ON
OCTOBER 4, 1995, ON FORM F-4 FILED WITH THE COMMISSION ON JULY 11, 2001, AND ON
FORM F-4, AS AMENDED, FILED WITH THE COMMISSION ON AUGUST 3, 2001.
</FONT>

<P align="center"><FONT size="2"></FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<P align="center"><FONT size="2"><B>SIGNATURES</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.
</FONT>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="95%">
<TR valign="bottom">
        <TD width="5%">&nbsp;</TD>
        <TD width="20%">&nbsp;</TD>
        <TD width="35%">&nbsp;</TD>
        <TD width="40%">&nbsp;</TD>
</TR>
<TR valign="bottom">
      <TD colspan="3">&nbsp;</TD>
        <TD valign="top"><FONT size="2"><B>TEEKAY SHIPPING CORPORATION</B></FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="top">
      <TD><FONT size="2">Date:</FONT></TD>
      <TD valign="top"><FONT size="2">November 29, 2001</FONT></TD>
      <TD><FONT size="2"></FONT></TD>
      <TD><FONT size="2">By: /s/ Peter S. Antturi</FONT><BR>
<HR size="1" noshade>
<FONT size="2">Peter S. Antturi<BR>
Vice President and Chief Financial Officer</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P align="center"><FONT size="2"></FONT>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>4
<FILENAME>o06106ex1.htm
<DESCRIPTION>ANNOUNCEMENT OF ADD-ON OFFERING
<TEXT>
<HTML>
<HEAD>
<TITLE>Announcement of Add-on Offering</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<P align="right"><FONT size="2"><B>Ex. I</B>
</FONT>


<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="15%">&nbsp;</TD>
        <TD width="85%">&nbsp;</TD>
</TR>
<TR valign="bottom">
      <TD valign="top" align="left">[Logo]</TD>
        <TD valign="top"><FONT size="4"><B>TEEKAY SHIPPING CORPORATION</B></FONT><BR>
<FONT size="2"><B>TK House, Bayside Executive Park, West Bay Street &#038; Blake Road<BR>
P.O. Box AP-59212, Nassau, Bahamas</B></FONT></TD>
</TR>
</TABLE>
</CENTER>
<P>
<HR size="4" noshade>
<P align="left"><FONT size="2">NEWS RELEASE</FONT>
<HR size="4" noshade>

<P align="right"><FONT size="2"><B>FOR IMMEDIATE RELEASE</B>
</FONT>

<P align="center"><FONT size="2"><B>TEEKAY SHIPPING ANNOUNCES<BR>
ADD-ON OFFERING</B>
</FONT>

<P><FONT size="2"><B>Nassau, The Bahamas &#151; November&nbsp;28, 2001 </B>&#151; Teekay Shipping Corporation (NYSE:
TK) today announced that it intends to offer up to an additional $100&nbsp;million
principal amount of 8.875% Senior Notes due July&nbsp;15, 2011. These notes would
have substantially the same terms as Teekay&#146;s recently issued Senior Notes due
July&nbsp;15, 2011. The net proceeds of this additional issuance are expected to be
used to repay existing secured revolving debt.
</FONT>
<P><FONT size="2">The additional 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><FONT size="2">This press release shall not constitute an offer to sell or the solicitation of
an offer to buy any securities, nor shall there be any sale of the notes in any
state or jurisdiction where such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
state or jurisdiction.
</FONT>
<P>&nbsp;
<P>&nbsp;


<P align="center"><FONT size="2">For Investor Relations enquiries contact:<BR>
Greg Romaniuk</FONT>

<P align="center"><FONT size="2">Tel: &#043;1 (604)&nbsp;844-6654<BR>
Fax: &#043;1 (604)&nbsp;681-3011</FONT>

<P align="center"><FONT size="2">Email: investor.relations@teekay.com
</FONT>

<P align="center"><FONT size="2">Website: www.teekay.com
</FONT>

<P align="center"><FONT size="2"> &#151; end &#151;
</FONT>

<P align="center"><FONT size="2"></FONT>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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