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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
ACTU-VATOR: Folding Hatch Cover Innovation From The Main Deck, Inc.
Belgians Scoop Up dreding Contracts
Cascade General Wins Portland Ship Yard Bid
China Port Expansion Spells Opportunity For U.S. Companies
Coast Guard Considers Seven Port Zones For Establishing New Vessel Tracking System
Great Lakes Towing Co. Kicks Off Navigational Season
Hong Kong To Build First Terminal Handling Pearl River Delta Cargo
Hvide Investment Signals Consolidation Continuation
IMO Secretary-General Calls For More Action On Bulk Carrier Safety
INTERTANKO: Zero Waste At Sea Is Possible
Kvaerner Leads Pert/Ship Interface Prefect
Lykes Lines Joins Mediterranean/U.S.Gulf/ Mexican Alliance
Mako Marine Delivers Patrol Boats To Colombian Coast Guard
MarAd Sponsors Study On North American Shipping
Marine Terminals Corp. To Operate Oakland Terminal
Pena Accepts Port Award, Stresses Highway System Legislation
Port Canaveral Will I lome for Disney Cruise Ship
Port Of Goteborg Reports On 1995 Shipments, Recent Port Developments
Port Of Portland Contracts Liftech For Crane Upgrade
Port States And Flag States: WHAT THE FLAG STATE C A N D O TO HELP THE SHIPOWNER WHEN THE PORT STATE INTERVENES
Portland, Vancouver & Army Corps Place Mooring Buoys In Columbia River
Posidonia '94:
President Clinton Declares Dredging "A National Concern"
Setchell Named TT Club Director
ShipNet: Information Solutions For Shore And Ship
The Great Lakes Towing Co. Handles Two Significant Cargoes
U.S* Ports' Agenda: Focus Is On Infrastructure Focus Is On Infrastructure
U.S. Ports' Agenda: Focus Is On Infrastructure
Valmet Introduces New Coupling To Improve Safety
 
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