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Worldport LA Receives Go-Ahead For Activation Of Foreign Trade Zone

The U.S. Customs Service has approved Crescent Warehouse Co., Ltd.'s application to activate a foreign- trade zone (FTZ) operation in Foreign-Trade Zone 202 at the Port of Los Angeles.

A division of Stevedoring Services of America, the company has 65 years of experience as an operator of customs-bonded cargo warehouses. As an FTZ 202 operator, Crescent will use a Port-owned, 73,125-sq.-ft. facility for storing metals for the London Metal Exchange.

Traders of foreign and domestic merchandise brought into an FTZ can benefit from substantial costsaving incentives on duties and taxes. FTZ 202 includes sites at Los Angeles International Airport and the proposed International Trade and Transportation Center in Bakersfield, Calif.

Worldport LA's Marketing Director, A1 Fierstine, announced that Akio Segawa has been appointed to the presidency of Japan Marine Services, Ltd., the Tokyobased company that provides marketing representation in Japan for the Port.




Port Authority History

A Partnership In Maritime Evolution
Apollo Stevedoring/Jason Shipping Recruit Jacomino For Tampa Operations
Blount Delivere 155-F: Ferry Cayo Norte
China Port Expansion Spells Opportunity For U.S. Companies
Commercial Metals Ships Scrap
Court Ruling Victory For Lykes
Drive For Quality To Afflict Owners, Benefit Builders
Great Lakes Towing Co. Kicks Off Navigational Season
Hvide Investment Signals Consolidation Continuation
Hyundai To Provide Weekly Transpacific Container Service To Port Of Portland
IMO Secretary-General Calls For More Action On Bulk Carrier Safety
INTERTANKO: Zero Waste At Sea Is Possible
Kvaerner Leads Pert/Ship Interface Prefect
MaK-Propelled Container Vessel Built For U.S.-Based Owner, Christened "Tropic Sun7
Marine Terminals Corp. To Operate Oakland Terminal
National Waterways Conference Officers
New Generation Of Self-Unloading Cargo Ships
Pilot Vessels Designed For Anticipated USCG Regulation Changes
Port Everglades And Kings Ocean In Preliminary Agreement For Increased Service
Port Of Goteborg Reports On 1995 Shipments, Recent Port Developments
Port Of Portland Gains New Container Services
Port To Porty Dock To Dock
RoRo ' 94
Senate Committee Holds Hearing On Hathaway And Scroggins Nominations
Short Sea Container Survey: No Pain, No Gain
TSS Ltd., U.K., Supplies Electronic Motion Compensation System For U.S. Dredging Project
U.S. Ports' Agenda: Focus Is On Infrastructure
Viet Porlex'97 Merges With Maritime Vietnam For Asian Exhibition
Wiiiardi Builds Conpositc Boats For L.A.
Worldport LA Receives Go-Ahead For Activation Of Foreign Trade Zone
 
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