International Shipholding Corporation’s Plan of Reorganization Confirmed by Bankruptcy Court

NEW ORLEANS, La., March 6, 2017 – International Shipholding Corporation (the “Company”) completed an important step towards emergence from bankruptcy with the confirmation of its chapter 11 plan of reorganization (the “Plan”) by the U.S. Bankruptcy Court for the Southern District of New York. Confirmation of the Plan paves the way for the Company to […]

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International Shipholding Corporation Provides Update On Implementation Of Strategic Plan

MOBILE, AL – June 8, 2016 – International Shipholding Corporation (OTCQX: ISHC) today announced that on June 8, 2016 the lenders under its Credit Facility agreed to forebear from exercising any rights or remedies before July 1, 2016 with respect to various specified defaults under the credit facility. This forbearance will automatically terminate before July […]

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International Shipholding Corporation Provides Update On Implementation Of Strategic Plan

Mobile, AL – May 18, 2016 – International Shipholding Corporation (OTCQX: ISHC) today announced that it remained in discussions with its principal lenders regarding various defaults under its credit facilities. As previously disclosed in its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2016, the Company received in April 2016 various […]

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International Shipholding Corporation Reports First Quarter 2016 Results

Mobile, Alabama – May 4, 2016– International Shipholding Corporation (OTCQX:ISHC) today announced financial results for the quarter ended March 31, 2016. First Quarter 2016 Highlights Reduced gross debt obligations to $117.1 million at March 31, 2016 from $159.8 million at December 31, 2015. Completed the sale of remaining dry bulk vessels Completed the sale of […]

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International Shipholding Corporation Provides Update On Series A And B Preferred Stock And Announces Dates For First Quarter 2016 Earnings Release And Conference Call

Mobile, Alabama, April 19, 2016 – International Shipholding Corporation (OTCQX: ISHC) (the “Company” or “ISH”) today announced that the Company will not declare a quarterly dividend on its Series A Cumulative Redeemable Perpetual Preferred Stock (OTCQX: ISHCP) or on its Series B Cumulative Redeemable Perpetual Preferred Stock (OTCQX: ISHCO). The Company has reached agreements with […]

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International Shipholding Corporation Reports Fourth Quarter And Year-End 2015 Results

Mobile, AL. February 24, 2016 – International Shipholding Corporation (OTCQX: ISHC) today announced financial results for the fourth quarter and year ended December 31, 2015. Fourth Quarter and Year-To-Date Highlights Strategic Plan initiatives have resulted in the completion of 10 transactions generating gross proceeds of $98.6 million The Company has achieved total debt reduction of […]

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International Shipholding Corporation Announces Dates For Fourth Quarter And Year-End 2015 Earnings Release And Conference Call

Mobile, Alabama, January 27, 2016 – International Shipholding Corporation (OTCQX: ISHC) (“the Company”) today announced that it will release its fourth quarter and year-end 2015 earnings results following the close of the market on Wednesday, February 24, 2016, and will host a conference call to discuss the results at 10:00 AM ET on Thursday, February […]

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International Shipholding Corporation Provides Fourth Update On Implementation Of Strategic Plan

Mobile, Alabama, January 14, 2016 – International Shipholding Corporation (OTCQX: ISHC) (the “Company” or “ISH”) today provided an update on the implementation of its Strategic Plan. As the Company continues to implement its Strategic Plan, it intends to periodically provide the market with an update on its progress. • On January 5, 2016, the Company […]

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International Shipholding Corporation Provides Third Update On Implementation Of Strategic Plan

Mobile, Alabama, – December 30, 2015 – International Shipholding Corporation (OTCQX:ISHC) (the “Company” or “ISH”) today provided an update on the implementation of its Strategic Plan. As announced on November 16, 2015, the Company has adopted a Strategic Plan to streamline the Company principally by focusing on its three core segments: the Jones Act, Pure […]

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