<PAGE 1>
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
__________________
FORM 10-K/A No. 1
(Mark One)
X ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 1994
OR
__TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the Transition Period From _________ to _________
Commission File No. 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
incorporation or organization) Identification No.)
650 Poydras Street, New Orleans, Louisiana 70130
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (504) 529-5461
PURPOSE: This amended 10-K is being filed to include EX-27 (Financial
Data Schedule) which was previously omitted.
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Pursuant to the requirements of Section 12(b)-15 of the Securities
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
(Registrant)
March 30, 1995
Gary L. Ferguson
By
/S/ Gary L. Ferguson
__________________________________________
Gary L. Ferguson
Vice President and Chief Financial Officer
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INTERNATIONAL SHIPHOLDING CORPORATION
EXHIBIT INDEX
Page
Exhibit Number
(3) Restated Certificate of Incorporation, as amended,
and By-Laws of the Registrant (filed with the
Securities and Exchange Commission as Exhibit 3 to the
Registrant's Annual Report on Form 10-K for the year ended
December 31, 1987 and incorporated herein by
reference) --
(4) Specimen of Common Stock certificate (filed as an exhibit to
the Company's Form 8-A filed with the Securities and Exchange
Commission on April 25, 1980 and incorporated herein by
reference) --
(4.1) Form of Indenture between the Company and the Bank of
New York, as Trustee, with respect to 9% Senior Notes
due July 1, 2003 (filed as Exhibit 4(c) to Amendment No. 1
to the Company's Registration Statement on Form S-2
(Registration No. 33-62168) and incorporated herein by
reference). --
(4.2) Form of 9% Senior Note due July 1, 2003 (included in
Exhibit (4.1) hereto and incorporated herein by reference.
(11) Statement Regarding Computation of Earnings per Share --
(13) 1994 Annual Report to Shareholders --
(22) Subsidiaries of International Shipholding Corporation --
(27) Financial Data Schedule --
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<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<CASH> 29611
<SECURITIES> 7096
<RECEIVABLES> 47248
<ALLOWANCES> 404
<INVENTORY> 8954
<CURRENT-ASSETS> 98538
<PP&E> 522857
<DEPRECIATION> (214395)
<TOTAL-ASSETS> 547091
<CURRENT-LIABILITIES> 81719
<BONDS> 251944
<COMMON> 5405
0
0
<OTHER-SE> 140911
<TOTAL-LIABILITY-AND-EQUITY> 146316
<SALES> 0
<TOTAL-REVENUES> 342333
<CGS> 0
<TOTAL-COSTS> 277018
<OTHER-EXPENSES> 49104
<LOSS-PROVISION> 900
<INTEREST-EXPENSE> 21650
<INCOME-PRETAX> 19813
<INCOME-TAX> 6762
<INCOME-CONTINUING> 13051
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 13051
<EPS-PRIMARY> 2.44
<EPS-DILUTED> 0
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