As reported in the September 2016 issue of the LOG, on July 31, 2016, International Shipholding Corporation (ISH) and a number of its subsidiaries filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of New York. Three subsidiaries that have a contract with the SIU are included in the bankruptcy: Waterman Steamship Corporation, Central Gulf Lines, Inc., and Sulphur Carriers, Inc. During the course of the bankruptcy proceedings, these Companies have continued to operate as usual. On March 2, 2017, Judge Stuart Bernstein approved ISH's Plan of Reorganization. Under this Plan, a reorganized Central Gulf Lines will continue to operate the following Pure Car/Pure Truck Carriers: the Green Bay, Green Cove, Green Lake and Green Ridge. Reorganized Waterman Steamship will operate the Ocean Giant, the Ocean Globe, the Mississippi Enterprise, and the Texas Enterprise. Sulphur Carriers, Inc. will not remain in business.