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

	January 23, 2008
	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 incorporation or organization)		(I.R.S. Employer Identification Number)

11 North Water Street, Suite 18290  Mobile, Alabama	36602
(Address of principal executive offices)	(Zip Code)

(251) 243-9100

(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 2.02     Results of Operations and Financial Condition.

On January 23, 2008, International Shipholding Corporation issued a press release reporting its financial results for the fourth quarter of 2007. 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 January 23, 2008.

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 thereunto duly authorized.

		INTERNATIONAL SHIPHOLDING CORPORATION
		/s/ Manuel G. Estrada
		Manuel G. Estrada
		Vice President and Chief Financial Officer
Date	January 23, 2008