MSC client International Shipholding Corporation announces headquarters relocation to Mobile.
June 27, 2006
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The Alabama State Port Authority has approved an agreement with International Shipholding Corporation to develop a new rail ferry terminal at the Port of Mobile. The proposed terminal, which will dock CG Railway’s ships, will be located on the main port complex just north of the Authority’s Pier E terminal on the Mobile River.
The Authority’s Board of Directors approved the estimated $19 million project following Governor Riley’s announcement that International Shipholding Corporation would locate its corporate headquarters to Mobile, bringing an estimated 150 jobs. Construction on the new terminal begins immediately with first vessel call expected in early 2007.