Product
Freight & Container
5,000 container moves/year; bookings, demurrage/detention and freight rates included
- 10 full users
- 1 sites
- 3 modules
Free tool
Container Delay Cost
Add up daily demurrage, storage and inventory financing to find the real cost of a container delay. No sign-up needed; results update as you type.
See the system that does this automaticallyOpen the live demoContainer Delay Cost: worked example
Example values: Number of containers 2 pcs, Delay 6 days, Daily demurrage / detention 150 USD, Daily storage 15 USD, Cargo value per container 60,000 USD, Annual financing cost 25 %. With these values the results are:
| Inventory financing cost | 493 USD |
|---|---|
| Demurrage and storage | 1,980 USD |
| Total cost of the delay | 2,473 USD |
| Daily cost | 412 USD |
How to use: Container Delay Cost
- Enter your own values: Number of containers, Delay, Daily demurrage / detention, Daily storage, Cargo value per container, Annual financing cost.
- Choose the currency; money inputs are converted at an approximate rate.
- Results are calculated as you type: Inventory financing cost, Demurrage and storage, Total cost of the delay, Daily cost.
- Check every step of the calculation in the formulas below.
How is it calculated?
- Inventory financing cost = [Number of containers] × [Cargo value per container] × [Annual financing cost] ÷ 100 × [Delay] ÷ 365
- Demurrage and storage = [Number of containers] × [Delay] × ([Daily demurrage / detention] + [Daily storage])
- Total cost of the delay = [Inventory financing cost] + [Demurrage and storage]
- Daily cost = [Total cost of the delay] ÷ [Delay]
Other tools running on Container Time Engine
Calculates free time, demurrage, detention and storage tiers by number of days.
FCRSOFT
FCRSOFT does this for you automatically
You don’t need to do the calculations and checks on this page by hand every day. FCRSOFT derives them all automatically from the records entered in the field.
- Each container’s free time is counted from discharge.
- You are warned before the last free day.
- Any demurrage and detention incurred is posted to the file cost.
Frequently asked questions
How is Container Delay Cost calculated?
Add up daily demurrage, storage and inventory financing to find the real cost of a container delay. The calculation uses Container Time Engine: Calculates free time, demurrage, detention and storage tiers by number of days.
How is Total cost of the delay found?
Total cost of the delay = [Inventory financing cost] + [Demurrage and storage]. With the example values (Number of containers 2 pcs, Delay 6 days, Daily demurrage / detention 150 USD, Daily storage 15 USD, Cargo value per container 60,000 USD, Annual financing cost 25 %) the result is 2,473 USD.
Worked example: Container Delay Cost
Example values: Number of containers 2 pcs, Delay 6 days, Daily demurrage / detention 150 USD, Daily storage 15 USD, Cargo value per container 60,000 USD, Annual financing cost 25 %. Inventory financing cost: 493 USD; Demurrage and storage: 1,980 USD; Total cost of the delay: 2,473 USD; Daily cost: 412 USD.
Is Container Delay Cost free?
Yes. The tool is free, needs no sign-up and runs in your browser; the data you enter is not stored.
Can FCRSOFT do this calculation automatically?
FCRSOFT counts each container’s free time and warns you before charges start. You can try the Freight & Container package in the live demo without installing anything.
Which currency can I calculate in?
Choose one of 28 currencies in the currency selector; monetary inputs are converted at an approximate rate. To use your own rate, enter the amounts directly.
FCRSOFT solutions
All inclusive
Enterprise Site — all products
Farm · Hatchery · Feed ERP · Processing · WMS & Supply · Sales & CRM · Finance · Maintenance · Trace & Cold Chain · B2B Commerce · Fleet & Vessel · Voyage & Chartering · Trade & Customs · Freight & Container
- 30 full users
- 1 sites
- 69 modules
