278041--3/9/2007--INTERNATIONAL_SHIPHOLDING

related topics

{debt, indebtedness, cash}

{investment, property, distribution}

{condition, economic, financial}

{cost, operation, labor}

{gas, price, oil}

{competitive, industry, competition}

{control, financial, internal}

{stock, price, operating}

Our business and operations are highly-regulated. The revenues of our liner services segment are subject to seasonal and cyclical variations, which may cause material fluctuations in our reported earnings. Our Rail-Ferry Service has been unprofitable to date, and we can give no assurance as to its future profitability. We are subject to the risk of continuing high prices, and increasing prices, of the fuel we consume in our Liner and Rail-Ferry operations We operate in a highly competitive industry. We are subject to the control of our principal stockholders. A substantial number of our employees are unionized; in the event of a strike or other work stoppage our business and operations may be adversely affected We may not be able to renew our time charters and Older vessels have higher operating costs and are less desirable to charterers A default under one of our debt agreements may result in a default under one or more of our other debt agreements. The agreements governing certain of our debt instruments and our preferred stock impose restrictions on our business

Full 10-K form ▸

278041--3/9/2007--INTERNATIONAL_SHIPHOLDING_CORP