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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

Blount Delivere 155-F: Ferry Cayo Norte
Boston Whaler Fire/Rescue Boat On Duty At Massport Fire Department
Brazilian Joint Venture Delivers Brazilian Venture
Company Initiates Cruise Operation Between California And Mexico
Drive For Quality To Afflict Owners, Benefit Builders
Forest Products Nicho Looks Ripo For Expansion
Great Lakes Towing Co. Kicks Off Navigational Season
Hong Kong To Build First Terminal Handling Pearl River Delta Cargo
Hyundai To Provide Weekly Transpacific Container Service To Port Of Portland
India An Emerging Economic And Industrial Power
Ingalls-Built USS Port Royal Commissioned
Japan Presents Gift Of Oil Cembat Vessel Te Jordan
Kvaerner Leads Pert/Ship Interface Prefect
Libra Opens Private Brazilian Container Terminal
Mako Marine Delivers Patrol Boats To Colombian Coast Guard
MarAd OKs Israel's Use Of Foreign Flag-Ships For U.S. Grain Shipments
MarAd Sponsors Study On North American Shipping
Marine Terminals Corp. To Operate Oakland Terminal
NEWTARGET: International Fast Ferry Market
Oakland Dredging Environmental Impact Report Issued
One Plus One Equals One
Polar Sea Uses FT4 Gas Turbine Power To Reach North Pole
Port Canaveral Will I lome for Disney Cruise Ship
Port Of Portland Contracts Liftech For Crane Upgrade
RoRo '96 Reflects Peak Activity Of Sector Orderbook
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TSS Ltd., U.K., Supplies Electronic Motion Compensation System For U.S. Dredging Project
Unitor Invests In Two New Workboats For Far East Operation Cruise Ship Sally Albatross
Wallenius Delivers 100,000th Deere Unit At Galveston
Wiiiardi Builds Conpositc Boats For L.A.
 
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