INTERNATIONAL SHIPHOLDING CORPORATION (OTCMKTS:ISHCO) Files An 8-K Changes in Registrant’s Certifying Accountant

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INTERNATIONAL SHIPHOLDING CORPORATION (OTCMKTS:ISHCO) Files An 8-K Changes in Registrant’s Certifying Accountant

Item 4.01

Change in Registrants Certifying Accountant
On March 16, 2017, PricewaterhouseCoopers LLP (PwC) resigned as
the independent registered public accounting firm for
International Shipholding Corporation (the Company) effective
immediately.
PwC did not perform an audit of the Companys financial statements
for the year ended December 31, 2016. PwCs audit report on the
Companys consolidated financial statements for the fiscal year
ended December 31, 2015 did not contain an adverse opinion or a
disclaimer of opinion and was not qualified or modified as to
uncertainty, the audit scope or accounting principle, except that
the audit report included an explanatory paragraph regarding
substantial doubt about the Companys ability to continue as a
going concern.
During the Companys fiscal years ended December 31, 2016 and
December 31, 2015 and the subsequent interim period ending March
16, 2017, there were (i) no disagreements (within the meaning of
Item 304(a)(1)(iv) of Regulation S-K) between the Company and PwC
on any matter of accounting principles or practices, financial
statement disclosure or auditing scope or procedure, which
disagreements, if not resolved to the satisfaction of PwC, would
have caused PwC to make reference to the subject matter of the
disagreements in their reports on the financial statements for
such years, and (ii) no reportable events as that term is defined
in Item 304(a)(1)(v) of Regulation S-K.
The Company provided PwC with a copy of this Form 8-K and
requested that PwC furnish the Company with a letter addressed to
the Securities and Exchange Commission stating whether it agrees
with the above statements and, if PwC does not agree, the
respects in which it does not agree. That letter is attached as
exhibit 16.1 to this Form 8-K.
Item 9.01.
Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit No.
Description
16.1
Letter from PricewaterhouseCoopers LLP dated March 22, 2017
to the Securities and Exchange Commission


About INTERNATIONAL SHIPHOLDING CORPORATION (OTCMKTS:ISHCO)

International Shipholding Corporation is a holding company. The Company, through its subsidiaries, operates a diversified fleet of the United States and international-flagged vessels that provide domestic and international maritime transportation services under medium to long-term time charters or contracts of affreightment. It operates through three segments: Jones Act, which deploys over two bulk carriers, over three integrated tug or barge units, each consisting of one tug and one barge, and one harbor tug acquired; one belt self-unloading coal carrier to transport coal under a time charter, and one vessel that transports molten sulfur under a contract of affreightment; Pure Car Truck Carriers (PCTCs), which deploys over five PCTCs, including over four United States flag vessels and one international-flagged vessel, and Rail-Ferry, which uses its two roll-on or roll-off special purpose double deck vessels that carry rail cars between the United States Gulf Coast and Mexico.

INTERNATIONAL SHIPHOLDING CORPORATION (OTCMKTS:ISHCO) Recent Trading Information

INTERNATIONAL SHIPHOLDING CORPORATION (OTCMKTS:ISHCO) closed its last trading session 00.0000 at 0.0400 with 275 shares trading hands.