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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

Brazilian Joint Venture Delivers Brazilian Venture
China Port Expansion Spells Opportunity For U.S. Companies
Commercial Metals Ships Scrap
Company Initiates Cruise Operation Between California And Mexico
Drive For Quality To Afflict Owners, Benefit Builders
Great Lakes Towing Co. Kicks Off Navigational Season
IMO Secretary-General Calls For More Action On Bulk Carrier Safety
International Shipholding Corp. Announces Executive Appointments
INTERTANKO Applauds USCG Final Rules Regarding Under-Keel Clearance For Single Hull Tankers
INTERTANKO: Zero Waste At Sea Is Possible
Kvaerner Leads Pert/Ship Interface Prefect
Libra Opens Private Brazilian Container Terminal
MaK-Propelled Container Vessel Built For U.S.-Based Owner, Christened "Tropic Sun7
Mexican Officials Detail Governments Plan To Privatize Its Ports
National Waterways Conference Officers
New Generation Of Self-Unloading Cargo Ships
Polar Sea Uses FT4 Gas Turbine Power To Reach North Pole
Port Everglades And Kings Ocean In Preliminary Agreement For Increased Service
Port Of Goteborg Reports On 1995 Shipments, Recent Port Developments
Port States And Flag States: WHAT THE FLAG STATE C A N D O TO HELP THE SHIPOWNER WHEN THE PORT STATE INTERVENES
President Clinton Declares Dredging "A National Concern"
RoRo '96 Reflects Peak Activity Of Sector Orderbook
Second $7.9 Million Crane In Place At South port
Setchell Named TT Club Director
Unitor Invests In Two New Workboats For Far East Operation Cruise Ship Sally Albatross
Valmet Introduces New Coupling To Improve Safety
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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