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


                                April 29, 2004
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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 April 29, 2004

Item 12.    Results of Operations and Financial Condition

         On April 29, 2004, International Shipholding Corporation issued a press
release reporting its financial results for the first quarter of 2004. A copy of
the press release is furnished as Exhibit 99.1 and incorporated herein by
reference.





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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  April 29, 2004
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