UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
6-K
Report
of
Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
Date
of
report: January 4, 2007
Commission
file number 1- 12874
TEEKAY
SHIPPING CORPORATION
(Exact
name of Registrant as specified in its charter)
Bayside
House
Bayside
Executive Park
West
Bay
Street & Blake Road
P.O.
Box
AP-59212, Nassau, Bahamas
(Address
of principal executive office)
[Indicate
by check mark whether the registrant files or will file annual reports under
cover Form 20-F or Form 40-F.]
|
Form
20-F
|
X
|
Form
40- F
|
[Indicate
by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1):_______]
|
Yes
|
No
|
X
|
[Indicate
by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):_______]
|
Yes
|
No
|
X
|
[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.]
|
Yes
|
No
|
X
|
[If
“Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b):82-_______]
Item
1 - Information Contained in this Form 6-K Report
Attached
as Exhibit I is a copy of an announcement of Teekay Shipping Corporation
(the
“Company”), dated January 4, 2007.
THIS
REPORT ON FORM 6-K IS HEREBY INCORPORATED BY REFERENCE INTO THE FOLLOWING
REGISTRATION STATEMENTS OF THE COMPANY.
•
REGISTRATION STATEMENT ON FORM F-3 (NO. 33-97746) FILED WITH THE SEC ON OCTOBER
4, 1995;
•
REGISTRATION STATEMENT ON FORM S-8 (NO. 333-42434) FILED WITH THE SEC ON
JULY
28, 2000;
•
REGISTRATION STATEMENT ON FORM F-3 (NO. 333-102594) FILED WITH THE SEC ON
JANUARY 17, 2003; AND
•
REGISTRATION STATEMENT ON FORM S-8 (NO. 333-119564) FILED WITH THE SEC ON
OCTOBER 6, 2004
SIGNATURES
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.
|
Date:
January 4, 2007
|
TEEKAY
SHIPPING CORPORATION
By: /s/
Vincent Lok
Vincent
Lok
Senior
Vice President and Chief Financial Officer
(Principal
Financial and Accounting Officer)
|
EXHIBIT
I
 |
TEEKAY
SHIPPING CORPORATION
Bayside
House, Bayside Executive Park, West Bay Street & Blake
Road
P.O.
Box AP-59212, Nassau,
Bahamas
|
NEWS
RELEASE
|
TEEKAY
SHIPPING CORPORATION DECLARES DIVIDEND
|
Nassau,
The Bahamas, January 4, 2007 - Teekay Shipping Corporation announced that its
Board of Directors has voted to declare a cash dividend on its common stock
of
$0.2375 per share, payable on January 26, 2007 to all shareholders of record
as
at January 12, 2007.
About
Teekay
Teekay
Shipping Corporation transports more than 10 percent of the world’s seaborne oil
and has expanded into the liquefied natural gas shipping sector through its
publicly-listed subsidiary, Teekay LNG Partners L.P. (NYSE: TGP), and into
the
offshore production, storage and transportation sector through its
publicly-listed subsidiary, Teekay Offshore Partners L.P. (NYSE: TOO). With
a
fleet of over 140 tankers, offices in 17 countries and 5,100 seagoing and
shore-based employees, Teekay provides a comprehensive set of marine services
to
the world’s leading oil and gas companies, helping them seamlessly link their
upstream energy production to their downstream processing operations. Teekay’s
reputation for safety, quality and innovation has earned it a position with
its
customers as The Marine Midstream Company.
Teekay’s
common stock is listed on the New York Stock Exchange where it trades under
the
symbol “TK”.
For
Investor Relations enquiries contact:
Scott
Gayton
Tel:
+1
(604) 844-6654
For
Media
enquiries contact:
Kim
Barbero
Tel:
+1
(604) 609-4703
Web
site:
www.teekay.com