schedule13ga.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13G
Under
the Securities Exchange Act of 1934
(Amendment
No. 5)*
International
Shipholding
Corporation
(Name
of
Issuer)
Common
Stock, $1.00 par
value
(Title
of
Class of Securities)
460321
20
1
(CUSIP
Number)
December
31,
2007
(Date
of Event Which Requires Filing
of this Statement)
Check
the appropriate box to designate
the rule pursuant to which thisSchedule
is filed:
[ ]
Rule 13d-1(b)
[x]
Rule
13d-1(c)
[ ]
Rule 13d-1(d)
Potential
persons who are to respond to the collection of information contained in this
form are not required to respond unless the form displays a currently valid
OMB
control number.
CUSIP
No. 460321
20
1
______________________________________________________________________________
1. Names
of
Reporting Persons.
I.R.S.
Identification Nos. of above
persons (entities only).
Niels
Mercer Johnsen
______________________________________________________________________________
2. Check
the
Appropriate Box if a Member of a Group (See Instructions)
(a)
(b)
______________________________________________________________________________
3. SEC
Use
Only
______________________________________________________________________________
4. Citizenship
or Place or Organization United
States
________________________________________________________________________
Number
of 5. Sole
Voting
Power 133,763
Shares
Bene-
ficially 6. Shared
Voting Power 227,590
Owned
by
Each
Reporting 7. Sole
Dispositive
Power 133,763
Person
With:
8. Shared Dispositive
Power 227,590
______________________________________________________________________________
9. Aggregate
Amount Beneficially Owned by Each Reporting
Person 361,353
______________________________________________________________________________
10. Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
______________________________________________________________________________
11. Percent
of Class Represented by Amount in Row
(11) 5.54%
______________________________________________________________________________
12. Type
of Reporting Person (See
Instructions) IN
Item
1.
(a) Name
of
Issuer International
Shipholding Corporation
(b) Address
of Issuer’s Principal Executive
Offices 11
North Water Street
Suite
18290
Mobile,
Alabama
36602
Item
2.
(a) Name
of Person
Filing Niels
Mercer Johnsen
(b) Address
of Principal Business Office or, if none,
Residence
One Whitehall Street
New
York, New
York 10004
(c) Citizenship
United
States
(d) Title
of Class of
Securities Common
Stock, $1.00
par value
(e) CUSIP
Number 460321
20 1
Item
3. If this statement is filed pursuant to §§240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
Not
applicable
Item
4. Ownership.
(a) Amount
beneficially owned:
361,353 .
(b) Percent
of
class: 5.54% .
(c) Number
of shares as to which the person has:
(i) Sole
power to vote or to direct the
vote 133,763 .
(ii) Shared
power to vote or to direct the
vote 227,590 .
(iii) Sole
power to dispose or to direct the disposition
of 133,763 .
(iv) Shared
power to dispose or to direct the disposition
of 227,590 .
|
Item
5.
|
Ownership
of Five Percent or Less of a
Class
|
Not
applicable
|
Item
6.
|
Ownership
of More than Five Percent on Behalf of Another
Person.
|
Of
the securities reported in
response to Item 4, a trust, of which the reporting person is a co-trustee
for
the benefit of his daughter, has the right to receive dividends from, and the
proceeds from the sale of, 2,968 shares, which is less than five percent of
the
class of subject securities and which the reporting person disclaims beneficial
ownership of, and a corporation, of which the reporting person is a director
and
a vice president, has the right to receive dividends from, and the proceeds
from
the sale of 224,622 shares, which is less than five percent of the class of
subject securities.
|
Item
7.
|
Identification
and Classification of the Subsidiary Which Acquired the
Security
|
|
|
Being
Reported on By the Parent Holding
Company
|
Not
applicable
|
Item
8.
|
Identification
and Classification of Members of the
Group
|
Not
applicable
|
Item
9.
|
Notice
of Dissolution of Group
|
Not
applicable
By
signing below I certify that, to
the best of my knowledge and belief, the securities referred to above were
not
acquired and are not held for the purpose of or with the effect of changing
or
influencing the control of the issuer of the securities and were not acquired
and are not held in connection with or as a participant in any transaction
having that purpose or effect.
SIGNATURE
After
reasonable inquiry and to the
best of my knowledge and belief, I certify that the information set forth in
this statement is true, complete and correct.
February
14, 2008
Date
/s/
Niels M. Johnsen
Signature
Niels
Mercer
Johnsen
Name
Attention
Intentional
misstatements or omissions of fact constitute Federal criminal violations (see
18 U.S.C. 1001).