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): October 26, 2006
                                                        -------------------


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

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


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

       Registrant's telephone number, including area code: (504) 529-5461
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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 2.02.     Results of Operations and Financial Condition.

     On October 26, 2006, International Shipholding Corporation issued a press
release reporting its financial results for the third quarter of 2006. A copy of
the press release is furnished as Exhibit 99.1 and incorporated herein by
reference.


Item 9.01.     Financial Statements and Exhibits.

(c)      Exhibit

         Exhibit Number         Document
         --------------         --------

         99.1                   Press Release dated October 26, 2006



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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    October 26, 2006
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