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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
A Partnership In Maritime Evolution
Belgians Scoop Up dreding Contracts
Blount Delivere 155-F: Ferry Cayo Norte
Drive For Quality To Afflict Owners, Benefit Builders
Great Lakes Towing Co. Kicks Off Navigational Season
I.s. And Japan Resolve Port Dispute
IMO Secretary-General Calls For More Action On Bulk Carrier Safety
India An Emerging Economic And Industrial Power
INTERTANKO Applauds USCG Final Rules Regarding Under-Keel Clearance For Single Hull Tankers
Kvaerner Leads Pert/Ship Interface Prefect
MarAd Sponsors Study On North American Shipping
Marine Terminals Corp. To Operate Oakland Terminal
Mexican Officials Detail Governments Plan To Privatize Its Ports
National Waterways Conference Officers
New Generation Of Self-Unloading Cargo Ships
Oakland Dredging Environmental Impact Report Issued
Panamanian Vessel Sunk To Create Artificial Reef
Pilot Vessels Designed For Anticipated USCG Regulation Changes
Port Everglades And Kings Ocean In Preliminary Agreement For Increased Service
Port Of Goteborg Reports On 1995 Shipments, Recent Port Developments
Port Of Portland Contracts Liftech For Crane Upgrade
Port Of Portland Gains New Container Services
Port States And Flag States: WHAT THE FLAG STATE C A N D O TO HELP THE SHIPOWNER WHEN THE PORT STATE INTERVENES
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Senate Committee Holds Hearing On Hathaway And Scroggins Nominations
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U.S* Ports' Agenda: Focus Is On Infrastructure Focus Is On Infrastructure
Viet Porlex'97 Merges With Maritime Vietnam For Asian Exhibition
 
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