8-K

                                  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 9, 2005


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

                                                                          
              Delaware                                 2-63322                              36-2989662
    (State or other jurisdiction              (Commission File Number)          (IRS Employer Identification No.)
          of incorporation)

               650 Poydras Street, New Orleans, Louisiana                             70130
                (Address of principal executive offices)                           (Zip Code)



                                 (504) 529-5461
              (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 7.01. REGULATION FD DISCLOSURE.

         On September 9, 2005, International Shipholding Corporation issued the
press release attached hereto as Exhibit 99.1 and incorporated herein by
reference.

         In accordance with General Instruction B.2. of Form 8-K, the
information presented herein shall not be deemed "filed" for purposes of Section
18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933, as
amended, except as expressly set forth by specific reference in such a filing.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

         (c) Exhibits.

         99.1     Press release issued by International Shipholding Corporation,
                  dated September 9, 2005.


                                   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
                                               ---------------------------------
                                                  Niels M. Johnsen
                                                  President

Date:  September 9, 2005

                                 EXHIBIT INDEX

EXHIBIT
NUMBER    DESCRIPTION
- -------   -----------
 99.1     Press release issued by International Shipholding Corporation, dated
          September 9, 2005.

EX-99.1

                                                                    EXHIBIT 99.1


September 9, 2005
1200 Hours EDT

PRESS RELEASE

In the aftermath of Hurricane Katrina, International Shipholding Corporation's
(ISC) New Orleans office remains closed. As ISC continues to assess the status
of their New Orleans office, ISC has established operations in Baton Rouge,
Louisiana, and Houston, Texas, to serve as alternate locations for New Orleans.
ISC's New York office remains fully operational. The addresses for ISC's Baton
Rouge and Houston offices are detailed below:

BATON ROUGE
International Shipholding Corporation
5555 Hilton Avenue
Suite 310
Baton Rouge, LA  70808

HOUSTON
International Shipholding Corporation
10050 Northwest Freeway
Suite 175
Houston, TX  77092

ISC's Forest Lines, Inc. and Waterman Steamship Corporation LASH Vessel
Operations in the United States Gulf, which have utilized the Port of New
Orleans as an operating focal point, have been relocated to Lake Charles,
Louisiana. The utilization of Lake Charles, Louisiana, will allow the LASH
Vessel Operations to continue without interruption and will provide access to
the Mississippi River through the Port Allen Cut Off just south of Baton Rouge.
All ISC's LASH Barges, which were located in the Port of New Orleans at the time
of Hurricane Katrina, have been moved up river and are undamaged.

ISC's rail ferry service operating between New Orleans and Coatazacoalcos is
temporarily suspended while ISC evaluates alternatives. Aerial reconnaissance of
the rail ferry service's New Orleans transfer facility/warehouses, rail yard and
vessel loading/unloading facility has confirmed that the facilities are intact.
In addition, the railroads serving New Orleans are actively working to repair
rail infrastructure and rail connections to New Orleans.

ISC's international/regional banking activities and financial controls are
functional and operational. In addition, it is expected that ISC's Information
Systems will be operational shortly.

Niels M. Johnsen
International Shipholding Corporation
One Whitehall Street
New York, New York
Telephone: 212-943-4141