Shipholding Corporation leaving the Port City for the Big Easy

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Mobile will be losing a number of jobs next year. The International Shipholding Corporation announced this week it will be taking its headquarters back to New Orleans in late 2015.

The company moved to Mobile from New Orleans in 2006 following Hurricane Katrina. President Erik Johnsen said growth opportunities and the recent purchase of a large Jones Act vessel helped the board make the decision to move back to Louisiana.

“It’s not a debate on which one is better, Mobile or New Orleans. I think it’s just really a position where our board felt New Orleans was the right place for us to be,” Johnsen said. “We still have a pretty significant presence in Mobile, and we look forward to a continued cooperation with everyone.”

The company said its rail ferry service and rail repair will stay in Mobile along with those who work in that sector.

 

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