“Oily Business” in Argentina can be Costly to Ship Operators

Posted by Eric Haun
Wednesday, March 12, 2014

According to the American Club, the latest customs threat in Argentina concerns the misdeclaration of shipboard stores, which can lead to fines. In an alert to its members, the American Club said that customs authorities are becoming stricter, particularly regarding the declaration of lube oils, bunkers, chemicals, spare parts, grabs and other items in lists of stores carried onboard vessels, especially in ports such as San Nicolas.

Based on information from Pandi Liquidadores S.R.L, the club’s correspondent, ships have been required to declare the lube oil in the sump tank of the main engine, despite previous practice to the contrary. It appears that a number of ships have recently been boarded by customs agents asserting that the lube oil in the sump tank has not been declared, meaning a customs infringement.

In such cases, customs have insisted that the lube oil in question be discharged within 48 hours and placed in storage for account of the vessel. If discharge is not undertaken, owners may be requested to post a cash guarantee for up to twice its market value. Customs are reported to use a price from $7 to 10 per liter when the real market price is about $1.50 to 2 per liter.

The American Club said it urges members to declare the quantity of oil in the ship’s sump tanks, especially when their vessels call at San Nicolas. Moreover, masters are advised to take great care when declaring quantities to ensure that no under-declarations are made, or that declarations are not duplicated. There have been instances of customs agents finding discrepancies which, in reality, do not exist but are difficult to disprove after the owner has already been fined as a consequence.
 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

HMAS Success Deploys to Middle East

After months of preparation, HMAS Success departed Garden Island in Sydney today for a six-month deployment to the Middle East Region to provide logistic support

Rosneft Ships First Oil From Chayvo Field

Rosneft commenced shipment of crude oil extracted at the Northern Tip of Chayvo license off the coast of Sakhalin, with the first tanker carrying Sokol-grade crude leaving port on November 21.

Houston Port Commission Approves budget

The Fiscal Year 2015 Operating and Capital Budget was approved Thursday during a special meeting of the Port Commission of the Port of Houston Authority.   Projections

Finance

ST Engineering Rejigs Top Deck

Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the

MHI Receives "Best IR Award"

Mitsubishi Heavy Industries, Ltd. (MHI) has received one of this year's "Best IR Awards" presented annually by the Japan Investor Relations Association (JIRA).

Houston Port Commission Approves budget

The Fiscal Year 2015 Operating and Capital Budget was approved Thursday during a special meeting of the Port Commission of the Port of Houston Authority.   Projections

Fuels & Lubes

Environmental Groups: IMO Polar Code Too Weak

The International Maritime Organization (IMO) today adopted the Polar Code aimed at regulating shipping in Polar Regions. Several environmental groups have criticized

Cost to Fuel Ships Falls

For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as $1 million a year if current price level stay put. Assuming

Belgian Strike to Impact Antwerp Port

A strike in parts of Belgium on Monday is expected to disrupt rail services and one of Europe's largest ports as trade unions and workers voice their anger over

Logistics

ST Engineering Rejigs Top Deck

Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the

October Imports up 9% at Port of Oakland

Containerized imports shipped through the Port of Oakland were up 9.17% in October from a year ago, the port said, citing the surge as the biggest jump in import cargo volume in six months.

Cost to Fuel Ships Falls

For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as $1 million a year if current price level stay put. Assuming

 
 
Maritime Contracts Maritime Standards Naval Architecture Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2531 sec (4 req/sec)