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


                               September 29, 2005
             ------------------------------------------------------
                Date of Report (Date of Earliest Event Reported)


                        Commission file number - 2-63322
                        --------------------------------


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

           Delaware                                  36-2989662
- --------------------------------       -----------------------------------------
(State or other jurisdiction of        (I.R.S. Employer Identification Number)
incorporation or organization)


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

|_|  Soliciting material pursuant to Rule 14a-12 under the Exchange Act

|_|  Pre-commencement   communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act

|_|  Pre-commencement   communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act





ITEM 7.01. REGULATION FD DISCLOSURE

     On September 29, 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 29, 2005.


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SIGNATURES

     Pursuant to the  requirements  of the  Securities and Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                      INTERNATIONAL SHIPHOLDING CORPORATION

                              /s/ Manuel G. Estrada
        ----------------------------------------------------------------
                                Manuel G. Estrada
                   Vice President and Chief Financial Officer


Date  September 29, 2005
     ---------------------

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EX-99.1

                                                                    Exhibit 99.1


      International Shipholding Corporation Hurricane Update


     NEW YORK--(BUSINESS WIRE)--Sept. 29, 2005--International Shipholding
Corporation's (ISC) (NYSE:ISH) New Orleans office remains closed. While ISC
intends to return to New Orleans when conditions are safe and infrastructure is
restored, in addition to the operational centers that ISC has established in
Baton Rouge, Louisiana, and Houston, Texas, ISC is negotiating to enter into an
office building lease in Mandeville, Louisiana. It is expected that ISC's
Mandeville, Louisiana, office will be fully operational within the next sixty
(60) - ninety (90) days at which time the Houston office will be absorbed into
the Mandeville office.
     Two of ISC's LASH Vessels, which operate in Forest Lines, Inc.'s and
Waterman Steamship Corporation's regularly scheduled LASH Liner Services, safely
weathered the impact of Hurricane Rita in the United States Gulf; however, these
LASH Vessels have experienced significant scheduling delays as a result of port
and waterway closures caused by Hurricane Rita. Meantime, given that the
Mississippi River is open to navigation, ISC has returned the operating focal
point of Forest Lines, Inc.'s and Waterman Steamship Corporation's regularly
scheduled LASH Liner Services to the Mississippi River. Forest Lines, Inc.'s
next sailing will discharge and load at Baton Rouge, Louisiana.
     ISC's Rail Ferry Service operating between New Orleans and Coatazacoalcos
continues to be temporarily suspended while the New Orleans rail infrastructure
is restored. While the Norfolk Southern Railroad has restored rail service to
New Orleans, the New Orleans Public Belt and CSX Railroads continue to actively
work on restoring their rail infrastructure and rail connections in and to New
Orleans.
     Due to lost rail ferry revenue, scheduling delays on the LASH Liner
Services, and the expenses associated with office closures and relocations, ISC
expects a before tax negative impact from Hurricane Katrina and Hurricane Rita
on the company's third quarter financial results that may exceed $1,800,000.
     ISC is pleased to announce that on September 27, 2005, ISC added another
Pure Car/Truck Carrier (PCTC) to Central Gulf Lines, Inc.'s United States Flag
PCTC operations. With the addition of this newly acquired PCTC, ISC's
subsidiaries, Central Gulf Lines, Inc. and Waterman Steamship Corporation, now
operate five (5) United States Flag PCTC's.


    CONTACT: International Shipholding Corporation
             Niels M. Johnsen, 212-943-4141