International Shipholding Terminates Previously Announced Common Stock Offering

International Shipholding Corporation

today announced that, in light of current market conditions, it has decided not to proceed with its previously-announced common stock offering at this time. The acquisition of U.S. United Ocean Services, LLC (“UOS”) continues on course for closing later this month through alternative financing sources. This press release is for informational purposes only and constitutes neither an offer to buy nor a solicitation of an offer to sell any securities. This press release shall not constitute an offer, solicitation or sale in any jurisdiction. About International Shipholding Corporation International