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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

$148.6 Million Dredging Contract Awarded In Los Angele
AAPA Names Nagle President And CEO
Apollo Stevedoring/Jason Shipping Recruit Jacomino For Tampa Operations
Boston Whaler Fire/Rescue Boat On Duty At Massport Fire Department
China Port Expansion Spells Opportunity For U.S. Companies
High Tech Equipment To Bring Kawasaki Port Into The Future
Hong Kong To Build First Terminal Handling Pearl River Delta Cargo
Hvide Investment Signals Consolidation Continuation
Hyundai To Provide Weekly Transpacific Container Service To Port Of Portland
I.s. And Japan Resolve Port Dispute
Ingalls-Built USS Port Royal Commissioned
International Shipholding Corp. Announces Executive Appointments
INTERTANKO Applauds USCG Final Rules Regarding Under-Keel Clearance For Single Hull Tankers
MaK-Propelled Container Vessel Built For U.S.-Based Owner, Christened "Tropic Sun7
MarAd OKs Israel's Use Of Foreign Flag-Ships For U.S. Grain Shipments
MarAd Sponsors Study On North American Shipping
New Generation Of Self-Unloading Cargo Ships
Port Of Goteborg Reports On 1995 Shipments, Recent Port Developments
Port Of Portland Gains New Container Services
Port To Porty Dock To Dock
Posidonia '94:
President Clinton Declares Dredging "A National Concern"
RoRo '96 Reflects Peak Activity Of Sector Orderbook
Senate Committee Holds Hearing On Hathaway And Scroggins Nominations
Setchell Named TT Club Director
Short Sea Container Survey: No Pain, No Gain
The Great Lakes Towing Co. Handles Two Significant Cargoes
Viet Porlex'97 Merges With Maritime Vietnam For Asian Exhibition
VTS Analyzing Neeed, Cost & Safety In U.S. Ports
Wiiiardi Builds Conpositc Boats For L.A.
 
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