X0306 4 2013-05-07 0 0000278041 INTERNATIONAL SHIPHOLDING CORP ISH 0001038499 JOHNSEN NIELS M 133 MUHLENBRINK ROAD COLTS NECK NJ 07722 1 1 1 0 Chairman and CEO Common Stock 2013-05-07 4 F 0 3697 17.93 D 272484 D Common Stock 867107 I See Footnote Represents a disposition of shares to ISH in payment of withholding taxes. Shares held by a Family Trust include (i) 642,485 shares held directly and (ii) 224,622 shares held indirectly through the Trust's controlling interest in the Caltar Corporation, of which Niels M. Johnsen is a shareholder, Vice President and a Director. Mr. Johnsen disclaims beneficial ownership of the shares held by the Family Trust, except to the extent of his pecuniary interest therein. /s/ Niels M. Johnsen 2013-05-08