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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

Commercial Metals Ships Scrap
Court Ruling Victory For Lykes
Forest Products Nicho Looks Ripo For Expansion
I.s. And Japan Resolve Port Dispute
IACS Encourages Close Links With Port State Control
India An Emerging Economic And Industrial Power
International Shipholding Corp. Announces Executive Appointments
INTERTANKO Applauds USCG Final Rules Regarding Under-Keel Clearance For Single Hull Tankers
Japan Presents Gift Of Oil Cembat Vessel Te Jordan
Kopphil Shipyard Clindios $6 Million In Now Contracts
Mako Marine Delivers Patrol Boats To Colombian Coast Guard
MarAd OKs Israel's Use Of Foreign Flag-Ships For U.S. Grain Shipments
Marine Terminals Corp. To Operate Oakland Terminal
NEWTARGET: International Fast Ferry Market
One Plus One Equals One
Pena Accepts Port Award, Stresses Highway System Legislation
Pilot Vessels Designed For Anticipated USCG Regulation Changes
Polar Sea Uses FT4 Gas Turbine Power To Reach North Pole
Port Everglades And Kings Ocean In Preliminary Agreement For Increased Service
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
Posidonia '94:
RoRo '96 Reflects Peak Activity Of Sector Orderbook
Second $7.9 Million Crane In Place At South port
Setchell Named TT Club Director
ShipNet: Information Solutions For Shore And Ship
Triple success at U.K. yards
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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