SCLA | How do we calculate the Storage fees? 

• Units that are Picked Up after the stated 14 free days will have to pay for the applicable storage fees. The Free Storage Period shall always be 14 days from the release date.
  • If the supplier agrees to extend the release, it means the supplier agrees to extend the validity of the release reference for the user.
  • This does not mean they agree to extend the Free Storage Period (unless otherwise agreed between both partners, this should be clearly communicated on the leasing deal's chat).
    
    

• The formula for calculating Storage Fees of Cancelled Units:

  •  Canceled unit quantity x Agreed Storage fees $$$ x Days after the Free Period
    
    

    • How do we calculate the Days after the Free Period?

    • Canceled date - minus the Release created date - minus 14 free days
      
      

• The formula for calculating Storage fees:
  • Quantity of Picked up Containers x Agreed storage fees $$$ x Days after the Free Period
    
    
    • How do we calculate the Days after the Free Period?

    • Release created date- minus Pick up date - minus 14 free days

    •  Check out our Example ⬇ Below

For Example

• If a release was provided on June 22

• The unit FOSU2008473 was picked up on July 19th we will take these 2 dates to calculate the Days after the Free Period:
  • 19/07/2023 - 22/06/2023 = 27 days
  • 27 Days - minus 14 free day period =13 days

Final calculation

• 1 late-picked-up Container * $2.5 Storage fees * 13 Days after the Free Period =
  • $32.5 Storage fees