-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, C/LrRuXuEHzakCRw0I927I37jfg1ji2eE4H7VvEvAKZa5ta+bFLD5BPiwKUJey6z v3HnXwnGRCIdkRC4EmvU5Q== 0000278041-07-000034.txt : 20070927 0000278041-07-000034.hdr.sgml : 20070927 20070927160240 ACCESSION NUMBER: 0000278041-07-000034 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070927 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20070927 DATE AS OF CHANGE: 20070927 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL SHIPHOLDING CORP CENTRAL INDEX KEY: 0000278041 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 362989662 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10852 FILM NUMBER: 071139471 BUSINESS ADDRESS: STREET 1: 11 NORTH WATER STREET STREET 2: SUITE # 18290 CITY: MOBILE STATE: AL ZIP: 36602 BUSINESS PHONE: 2512439100 MAIL ADDRESS: STREET 1: P.O. BOX 2004 CITY: MOBILE STATE: AL ZIP: 36652 8-K 1 form8k.htm FORM 8-K SEPT 27, 2007 form8k.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  September 21, 2007

INTERNATIONAL SHIPHOLDING CORPORATION
 
(Exact name of registrant as specified in its charter)

 
 
Delaware
263322 
36-2989662 
(State or other jurisdiction of incorporation) 
(Commission File Number) 
(IRS Employer Identification No.) 
 


                                                                                                 
 11 North Water Street, Mobile, Alabama
36602 
(Address of principal executive offices) 
(Zip Code) 
                                                                                      


(251) 243-9100
(Registrant’s telephone number, including area code)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))









      
           
 
    


Item 1.01.
Entry into a Material Definitive Agreement.
 
    On September 21, 2007 International Shipholding Corporation, through it’s wholly owned subsidiary, East Gulf Shipholding, Inc., (hereinafter called the “Buyer”) entered into a SHIPSALES contract (“Agreement”) with Clio Marine Inc. to purchase one 6400 CEU (Car Equivalent Units) Newbuilding Pure Car/Truck Carrier.
            Upon signing of the Agreement, the Buyer, using available cash, paid an initial installment of approximately $13.7 million.  Future installments will be paid over the construction period with the final installment due upon delivery of the Vessel.
    The Vessel is scheduled for delivery in 2010.
 
 





      
          
    

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 hereunto duly authorized.


                                                                                    INTERNATIONAL SHIPHOLDING CORPORATION
.

 
                                                           By:   /s/ Niels M. Johnsen 
               60;                                               Niels M. Johnsen
                 ;                                             Chairman of the Board and
                      & #160;                                              Chief Executive Officer

Date:  September 27, 2007





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