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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
Belgians Scoop Up dreding Contracts
Boston Whaler Fire/Rescue Boat On Duty At Massport Fire Department
Brazilian Joint Venture Delivers Brazilian Venture
Coast Guard Considers Seven Port Zones For Establishing New Vessel Tracking System
Commercial Metals Ships Scrap
First Of Two Sister Ferries Delivered By UNL
Forest Products Nicho Looks Ripo For Expansion
High Tech Equipment To Bring Kawasaki Port Into The Future
India An Emerging Economic And Industrial Power
Japan Presents Gift Of Oil Cembat Vessel Te Jordan
Libra Opens Private Brazilian Container Terminal
Mexican Officials Detail Governments Plan To Privatize Its Ports
New Generation Of Self-Unloading Cargo Ships
NEWTARGET: International Fast Ferry Market
Oakland Dredging Environmental Impact Report Issued
Pena Accepts Port Award, Stresses Highway System Legislation
Port Everglades And Kings Ocean In Preliminary Agreement For Increased Service
Port Of Goteborg Reports On 1995 Shipments, Recent Port Developments
Port To Porty Dock To Dock
RoRo ' 94
Setchell Named TT Club Director
Streamlining For Survival — The Port Of Los Angeles' Blueprint For Success
TSS Ltd., U.K., Supplies Electronic Motion Compensation System For U.S. Dredging Project
TT Club Adds N e w Directors
U.S* Ports' Agenda: Focus Is On Infrastructure Focus Is On Infrastructure
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.
Worldport LA Receives Go-Ahead For Activation Of Foreign Trade Zone
 
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