International Shipholding Corp. (ISC) — the parent company of several
shipping companies including Central Gulf Lines, Waterman, United Ocean
Services and CG Railway — said it will return its headquarters to New
After Hurricane Katrina, ISC relocated its corporate headquarters to Mobile.
In New Orleans, ISC will create 100 new jobs at a 45,000- to
50,000-square-foot headquarters facility in the city’s Warehouse
District, where the company has property under contract. Renovation of
the building is expected to be completed by the fourth quarter of 2015,
when ISC will begin formal operation of its headquarters in New Orleans.
International Shipholding operations which will continue to be located in Mobile include its railcar repair facility and CG Railway terminal, which operates a double-decker rail car ferry between Mobile and Coatzacoalcos, Mexico.
CG Railway started up operations in 2000 in Mobile, then moved to New Orleans in 2005. But its terminal there was badly damaged just months later by Hurricane Katrina, and the U.S. rail ferry terminal was moved back to Mobile in 2005.