Several ocean color earth observation satellite sensors are presently collecting daily imagery, including the Hyperspectral Imager for the Coastal Ocean (HICO). HICO has been operating aboard the International Space Station since its installation on September 24, 2009. It provides high spatial resolution hyperspectral imagery optimized for the coastal ocean. Atmospheric correction, however, still remains a challenge for this sensor, particularly in optically complex coastal waters. In this paper, we assess the application of the cloud-shadow atmospheric correction approach on HICO data and validate the results with the in situ data. We also use multiple sets of cloud, shadow, and sunlit pixels to correct a single image multiple times and intercompare the results to assess variability in the retrieved reflectance spectra. Retrieved chlorophyll values from this intercomparison are similar and also agree well with the in situ chlorophyll measurements.