Attached files

file filename
10-K - FORM 10-K - DECEMBER 31, 2009 - INTERNATIONAL SHIPHOLDING CORPform10k2009.htm
EX-32.2 - EXHIBIT 32.2 - CFO CERTIFICATION - INTERNATIONAL SHIPHOLDING CORPexhibit322cfo.htm
EX-31.1 - EXHIBIT 31.1 - CEO CERTIFICATION - INTERNATIONAL SHIPHOLDING CORPexhibit311ceo.htm
EX-31.2 - EXHIBIT 31.2 - CFO CERTIFICATION - INTERNATIONAL SHIPHOLDING CORPexhibit312cfo.htm
EX-32.1 - EXHIBIT 32.1 - CEO CERTIFICATION - INTERNATIONAL SHIPHOLDING CORPexhibit321ceo.htm
EX-23.1 - CONSENT OF E&Y - INTERNATIONAL SHIPHOLDING CORPexhibit231consent.htm
EX-10.25 - EXHIBIT 10.25 - PERFORMANCE GUARANTEE - INTERNATIONAL SHIPHOLDING CORPexhibit1025perfguar.htm
EX-10.24 - EXHIBIT 10.24 - PERFORMANCE GUARANTEE - INTERNATIONAL SHIPHOLDING CORPexhibit1024perfguar.htm
EX-10.5 - EXHIBIT 10.5 - CONSULTING AGREEMENT - INTERNATIONAL SHIPHOLDING CORPexhibit105consagree.htm
EX-10.6 - EXHIBIT 10.6 - CONSULTING AGREEMENT - INTERNATIONAL SHIPHOLDING CORPexhibit106consagree.htm
EX-10.29 - EXHIBIT 10.29 - LETTER OF GUARANTEE - INTERNATIONAL SHIPHOLDING CORPexhibit1029letterguar.htm
EX-10.27 - EXHIBIT 10.27 - LETTER OF GUARANTEE - INTERNATIONAL SHIPHOLDING CORPexhibit1027letterguar.htm
EX-10.20 - EXHIBIT 10.20 - INDEMNIFICATION AGREEMENT - INTERNATIONAL SHIPHOLDING CORPexhibit1020indemagree.htm
EX-10.28 - EXHIBIT 10.28 - LETTER OF GUARANTEE - INTERNATIONAL SHIPHOLDING CORPexhibit1028letterguar.htm
EX-10.21 - EXHIBIT 10.21 - SHIPBUILDING CONTRACT - INTERNATIONAL SHIPHOLDING CORPexhibit1021shipcontract.htm
EX-10.23 - EXHIBIT 10.23 - SHIPBUILDING CONTRACT - INTERNATIONAL SHIPHOLDING CORPexhibit1023shipcontract.htm
EX-10.22 - EXHIBIT 10.22 - SHIPBUILDING CONTRACT - INTERNATIONAL SHIPHOLDING CORPexhibit1022shipcontract.htm
EX-10.26 - EXHIBIT 10.26 - PERFORMANCE GUARANTEE - INTERNATIONAL SHIPHOLDING CORPexhibit1026perfguar.htm

EXHIBIT 21.1
INTERNATIONAL SHIPHOLDING CORPORATION
SUBSIDIARIES OF THE REGISTRANT
AS OF DECEMBER 31, 2009

    Jurisdiction Under
    Which Organized
    ------------------------
International Shipholding Corporation (Registrant)                                                       Delaware

Waterman Steamship Corporation                                                                     New York
Sulphur Carriers, Inc.                                                                                    Delaware

Central Gulf Lines, Inc.                                                                                         Delaware
Enterprise Ship Company, Inc.                                                                   Delaware
Material Transfer, Inc.                                                                                 Delaware

CG Railway, Inc.                                                                                                    Delaware
RTI Logistics, L.L.C. (1)                                                                        Louisiana
Terminales Transgolfo, S.A. de C.V(2)                                               Mexico

Bay Insurance Company Limited                                                                        Bermuda

LCI Shipholdings, Inc.                                                                                          Marshall Islands
Cape Holding, Ltd.                                                                                        Cayman Islands
Dry Bulk  Cape Holding, Inc. (3)                                                          Panama
                        Dry Bulk Africa LTD. (3)                                                       British Virgin Islands
              Dry Bulk Australia LTD. (3)                                                            British Virgin Islands
              Dry Bulk Cedar LTD. (3)                                                                  British Virgin Islands
              Dry Bulk Fern LTD. (3)                                                                    British Virgin Islands
       Dry Bulk Oceanis LTD. (3)                                                             British Virgin Islands
       Dry Bulk Americas LTD. (3)                                                           British Virgin Islands
Gulf South Shipping Pte. Ltd.                                                                       Singapore
Marco Shipping Co. Pte. Ltd.                                                                        Singapore
Marco Ocean Pte. Ltd.                                                                            Singapore

N. W. Johnsen & Co., Inc.                                                                                      New York

East Gulf Shipholding, Inc.                                                                                     Marshall Islands

Resource Carriers, Inc.                                                                                             Delaware

LMS Shipmanagement, Inc.                                                                                     Louisiana
LMS Manila, Inc. (4)                                                                                         Philippines

MPV, Inc.                                                                                            Marshall Islands

Bulk Shipholding, Inc.                                                                                             Marshall Islands
       Oslo Bulk AS (5)                                                                                                Oslo, Norway





(1)  
50% owned by CG Railway, Inc.
(2)  
49% owned by CG Railway, Inc.
(3)  
50% owned by Cape Holding, Ltd.
  (4)  
40% owned by LMS Shipmanagement, Inc.
   (5)  25% owned by Bulk Shipholding, Inc.

All of the subsidiaries listed above are wholly-owned subsidiaries and are included in the consolidated financial statements incorporated by reference herein unless otherwise indicated.