EXHIBIT 10.1 Summary of Executive Officer Salaries - --------------------------------------- The salaries of the executive officers of International Shipholding Corporation for 2005 are described below: Erik F. Johnsen, Chairman of the Board and Chief Executive Officer $340,000 Niels M. Johnsen, President $320,000 Erik L. Johnsen, Executive Vice President $300,000 Gary L. Ferguson, Vice President and Chief Financial Officer $173,000