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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

A Partnership In Maritime Evolution
Boston Whaler Fire/Rescue Boat On Duty At Massport Fire Department
Cascade General Wins Portland Ship Yard Bid
Commercial Metals Ships Scrap
Drive For Quality To Afflict Owners, Benefit Builders
Drive For Quality To Afflict Owners, Benefit Builders
Forest Products Nicho Looks Ripo For Expansion
Hong Kong To Build First Terminal Handling Pearl River Delta Cargo
Hyundai To Provide Weekly Transpacific Container Service To Port Of Portland
I.s. And Japan Resolve Port Dispute
Ingalls-Built USS Port Royal Commissioned
International Shipholding Corp. Announces Executive Appointments
INTERTANKO Applauds USCG Final Rules Regarding Under-Keel Clearance For Single Hull Tankers
Kvaerner Leads Pert/Ship Interface Prefect
National Waterways Conference Officers
NEWTARGET: International Fast Ferry Market
Oakland Dredging Environmental Impact Report Issued
Panamanian Vessel Sunk To Create Artificial Reef
Pena Accepts Port Award, Stresses Highway System Legislation
Pilot Vessels Designed For Anticipated USCG Regulation Changes
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
Second $7.9 Million Crane In Place At South port
Setchell Named TT Club Director
The Great Lakes Towing Co. Handles Two Significant Cargoes
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
Valmet Introduces New Coupling To Improve Safety
Viet Porlex'97 Merges With Maritime Vietnam For Asian Exhibition
 
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