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<a href="http://www.accessmylibrary.com/coms2/summary_0286-12814027_ITM" title="Facts and information about LASH service whips International Shipholding's figures into shape.">LASH service whips International Shipholding's figures into shape.</a>
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LASH service whips International Shipholding's figures into shape.
(From Lloyds List)
INTERNATIONAL Shipholding Corporation had earnings of $1.8m in the second quarter of the year, taking the total for the first six months to $4.7m, writes John Mc-Laughlin in New York.
Both totals were down on the same periods last year, when the company reported earnings of $2.5m and $5.5m respectively, though in 2003 the New Orleans company also benefited from a $1.3m tax gain from early retirement of debt. Company executives said the latest figures reflected an improved performance from the company's foreign-flag LASH liner service due to increased volumes as well as higher earnings from its 50% investment in two capesize bulkers.
At the same time, both its US-flag pure car-truck carriers and the rail-ferry service it runs between the US Gulf Coast and Mexico ...
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