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


                                  July 24, 2003
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                Date of Report (Date of Earliest Event Reported)


                        Commission file number - 2-63322
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                      INTERNATIONAL SHIPHOLDING CORPORATION
                      -------------------------------------
             (Exact name of registrant as specified in its charter)


           Delaware                                    36-2989662
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(State or other jurisdiction of          (I.R.S. Employer Identification Number)
incorporation or organization)


650 Poydras Street                    New Orleans, Louisiana            70130
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(Address of principal executive offices)                             (Zip Code)


                                 (504) 529-5461
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              (Registrant's telephone number, including area code)









Item 7.   Financial Statements and Exhibits

(c)      Exhibit

         Regulation S-K
         Exhibit Number      Document  .
         --------------      ---------------------------------------------------
                 99.1        Press Release dated July 24, 2003

Item 9.    Regulation FD Disclosure

         On July 24, 2003, International Shipholding Corporation issued a press
release reporting its second quarter 2003 results. A copy of the press release
is furnished as Exhibit 99.1.

         The information is being furnished under Item 12 - Results of
Operations and Financial Condition. It is being furnished under Item 9 of this
Form 8-K in accordance with the interim guidance issued by the SEC in release
No. 33-8216.




                                       2




SIGNATURES

         Pursuant to the requirements of the Securities and 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/ Gary L. Ferguson
                     ---------------------------------------------
                                Gary L. Ferguson
                   Vice President and Chief Financial Officer


Date July 24, 2003
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