It’s your turn
Trade & Transport Challenge
It’s your turn

Trade & Transport Challenge

In keeping with the MAG theme, we present the ‘Trade & Transport Challenge’. Do you know the most important wordings and definitions? The quiz probably won’t be much of a challenge for our trade professionals, but it’s still nice to get full marks, isn’t it? 😉  

Among all those who participate, we’ll give away a tailormade NKG phone case, especially designed for you and your phone! Just let us know on the registration form what kind of phone you have, and we’ll create the design for the winner!

Have fun taking the quiz and good luck in the contest!

New Quiz:
Trade & Transport Challenge

How it works

Drag the green boxes at the top of each slide onto the correct explanation below.

Once all items are assigned, click Check to review your answers, then continue with Next.

Question 1: For an easy start

Exporter
Transport
Importer
Often standalone entities that collect, warehouse and finance coffee at origin.
Correct answer: Exporter
Is arranged by importers and exporters through international shipping lines.
Correct answer: Transport
Make relationships between roasters and producers or exporters.
Correct answer: Importer

Question 2: Important definitions

Net Cash Against Documents (NCAD)
C Market
INCOTERMS
Free On Board (FOB)
Payment is issued once documents are delivered.
Correct answer: NCAD
The global commodity exchange for Arabica coffee.
Correct answer: C Market
A framework defining buyer/seller responsibility.
Correct answer: INCOTERMS
Seller responsibility ends once loaded onto the ship.
Correct answer: FOB

Question 3: Purchase Contract

Shipping Instructions
Customs Declaration
Shipping Advice
Booking Confirmation
Created by the importer in advance of shipment.
Correct answer: Shipping Instructions
Document used by customs authorities.
Correct answer: Customs Declaration
Issued in response to shipping instructions.
Correct answer: Shipping Advice
Confirms acceptance and scheduling.
Correct answer: Booking Confirmation

Question 4: Transport

FCL
LCL
Entire container under one contract.
Correct answer: FCL
Consolidated shipments from multiple contracts.
Correct answer: LCL

Question 5: Documents, documents…

Weight Certificate
Certificates
Bill of Lading
Bag Marks
Represents actual weight at POL and delivery.
Correct answer: Weight Certificate
Export and origin documents.
Correct answer: Certificates
Legal transport document and title.
Correct answer: Bill of Lading
ICO + exporter + lot code.
Correct answer: Bag Marks

Question 6: Physical movement

Open
Afloat
In Store
Coffee still at origin.
Correct answer: Open
Coffee is in transit.
Correct answer: Afloat
Coffee arrived and stored.
Correct answer: In Store

The FRILUFTS Hamnoy Multitool has found a new owner! Luis Felipe Costa of NKG Fazendas Brasileiras Ltda is the winner of our “Search the seedling!” game from our last MAG edition. Enjoy the 11 different functions, Luis Felipe!

By the way, the seedling was hidden in the following four articles:

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