Customs Claims on Discharge of Bulk Solids in Argentina Information Notices Published: December 12, 2025 Download article pdf Customs fines and penalties pose a significant challenge for owners discharging solid bulk cargo in Argentina. These liabilities arise when there is an unjustified shortage in the discharged cargo quantity, and the situation worsens if the discrepancy exceeds the threshold set by the authorities. Our correspondents, Pandi Liquidadores S.R.L , have provided an overview of this issue and offered loss prevention guidance through their Circular [058/2025] . Fines for inaccurate declarations are enforced when discrepancies exceed 4% for bulk solid cargoes, with minimum fine equivalent to CIF value and potentially reaching up to five times the CIF value. These fines will apply in addition to the charges for duties in the event of shortages. The circular provides information on “Defences and demands for security (LOU)” together with “Loss prevention and mitigation recommendations” Members are encouraged to bring this Circular to the attention of their vessel Master’s and should they require clarification and /or additional information in relation to this circular to seek such clarification from the Club or the local correspondents Pandi Liquidadores S.R.L Supportive Information For further information please contact the Loss Prevention Department, Steamship Insurance Management Services Ltd. Tel: +44 20 7247 5490 Email: loss.prevention@simsl.com Resources Circular 058-2025 Download View page