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  September 5, 2001
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Home > Company Index > Transportation > Shipping > International Shipholding Corporation

International Shipholding Corporation
NYSE: ISH
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 PROFILE
International Shipholding still uses the LASH. The company operates specialty vessels, such as lighter-aboard-ship (LASH) barges, that its customers find too expensive to build or buy. Its fleet includes towboats, river barges, and LASH barges and vessels. The LASH system uses shipboard cranes to load cargo-filled LASH barges aboard larger, oceangoing LASH vessels. The company also contracts out car and truck carriers, vessels for polar regions, and sulfur and coal carriers. Subsidiaries provide ship brokerage services. Customers include US government agencies and foreign companies (Honda, Toyota). The Johnsen family, including chairman and CEO Niels Johnsen and president Erik Johnsen, own about 41% of the firm.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 357.10
1-Yr. Sales Growth: (4.3)%
Employees: 864
Revenue per employee: $413,310.19

 KEY PEOPLE
• Niels W. Johnsen
    CEO
• Gary L. Ferguson
    CFO

 CONTACT INFO
650 Poydras St.
New Orleans, LA 70130
US
Phone: 504-529-5461
Fax: 504-529-5745

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