Post-trade operations in Energy and Petrochemicals require real-time coordination and seamless handovers between internal teams, load masters, vessel, inspectors, equity holders, lifters and others.
As the parties involved have disparate non-interoperable systems, they are required to use numerous 'hacks' – such as emailed pdfs, paper forms or documents, and non-auditable messaging tools – to limit the impact of this intra teams & parties chasm.
As the parties involved have disparate non-interoperable systems, they are required to use numerous 'hacks' – such as emailed pdfs, paper forms or documents, and non-auditable messaging tools – to limit the impact of this intra teams & parties chasm.
DT4 is designed to be modular, and work in parallel with your existing systems and process to optimize mission critical post-trade steps. Key use cases addressed to date by DT4 include:
Digitize and simplify all aspects of the clearing process for ICE Murban, Gasoil and other futures deliveries
Create, manage & share monthly lifting plans
Track inventory by asset and/or tank
Track inventory by asset and/or tank
Transport
Share transportation plans to-from FPSO or distant asset with relevant parties: Load Masters, Inspectors, Government Officials, etc.
Handle all ship-shore documents from ISGOTT SSSCL to Handbooks for pre-arrival, berthing, etc., through cargo operations
Vendors
Instruct vendors: Ship Agent, Independent Inspector, Stevedore or others
Demurrage
Manage and collect all relevant docs: Notices of Readiness (NOR), Letters of Protest (LOP), Statements of Facts (SOF) and Timesheets
Demurrage calculator
Demurrage statements
Demurrage calculator
Demurrage statements
Bunker Deliveries
Produce and share eBunker Delivery Notes (eBDN), Quality docs and Invoice
Sign-issue eBDN
Sign-issue eBDN
DI + Pro Forma(s)
Share Doc Instructions (DI)
Generate Pro Forma LC, BL, Invoice, etc.
Approve-reject Pro Forma(s)
Generate Pro Forma LC, BL, Invoice, etc.
Approve-reject Pro Forma(s)
Generate or collect cargo docs
One-click sign electronic docs and/or print paper BLs
Distribute docs
One-click sign electronic docs and/or print paper BLs
Distribute docs
Manage eDocs
Manage original eDocs through the trade chain: Return or Surrender, Transfer-Produce, Recut-Amend
Tank Management
Maintain a live view of tank status, capacities and inventory by product, asset and/or tank
Plan tank allocations and transfers against the lifting schedule
Track available storage and ullage to avoid conflicts or bottlenecks
Plan tank allocations and transfers against the lifting schedule
Track available storage and ullage to avoid conflicts or bottlenecks
Comply / Sentinel
Ubiquitous search across generated + collected documents
Downloadable clean search Report
Pre-Screening Report
Downloadable clean search Report
Pre-Screening Report
Significantly Improve Capacity
Eliminate time-consuming manual processes that negatively impact terminal capacity, product turnover, custody transfer, throughput, and revenues
Achieve Real-Time Visibility
Solution enables vessel, process and document tracking in real-time across all stakeholders, Load Masters and Trade Operations Teams
Improve Compliance
Digital Ship Shore Checklists enable easy and remote compliance with coast guard reporting and pre-transfer conference requirements
Streamline Communication
Eliminate hundreds of emails per movement and facilitate improved, real-time communication
Streamline Processes
Role-based workflows keep every party on track, avoiding delays and status check-ins
Lower Cost of Ownership
Accelerates deliveries of complex projects by months; Rapid deployment with low-code tools means faster time-to-value and minimal disruption to existing operations
Maximize efficiency
Automated workflows, smart templates, and escalation alerts free operators to focus on higher-value work
ICE Digital Trade for Energy is currently in use in Europe and South America, with additional projects in progress to extend use to North America, Australia and APAC.
The DT4 ecosystem also connects the entire ICE Futures Energy ecosystem, through DT4 ICE Futures.
DT4 connects to the ICE CargoDocs energy ecosystem – including 50% of the World Tanker Fleet and 85% of the ARA Tank Barge Fleet. Access our lists of key energy customers, trade finance banks, agents/inspectors and tanker operators.
DT4 connects to the ICE CargoDocs energy ecosystem – including 50% of the World Tanker Fleet and 85% of the ARA Tank Barge Fleet. Access our lists of key energy customers, trade finance banks, agents/inspectors and tanker operators.
Request a live demo to see how DT4 works
Request Demo
Contact one of our experts to discuss our three-month DT4 trials work, or examine the cost-benefit to adopt
Contact Us
Please contact Sales-ICEDigitalTrade@ice.com if you would like our assistance in developing a business case for your terminals and refineries based on your current processes
You have a great solution and you have a great team. Congratulations!
Cargill
eBL Project Manager
Thank you and your team for the quick and dedicated support. I am truly impressed at how quickly you were able to set up new branches and users
Wells Fargo
Operations
The ICE Digital Trade team’s dedication, collaboration, and willingness to go the extra mile made the transition seamless
Giga Shipping
HR, Business Strategy & Transformation
Thank you for the training session! The system is really user friendly, and your explanations were indeed very clear
Repsol
Logistics Coordinator
BP concluded testing in 2009 and are since comfortable with eDocs, welcoming the opportunity to participate in electronic trade
BP Oil UK
UK Supply Operations Manager
Where were you guys for the last 100 years? This is a fantastic system!
Rabobank
Commodity Support
The team finds it user-friendly and on average is able to help achieve time savings of around 50%
Mercuria
Operations
This is even easier than online shopping!
Uni-Tanker Fleet
Master
As always, prompt and very helpful. Most importantly, available when need be,and this is key with the industry we are in!
Southport Agencies, Inc.
VP Operations
Your solution promises a revolution in the shipping market, and most importantly, it’s very easy to operate
Heidmar
Master
Electronic signature was very easy to use and with no problems...if there were only electronic documents, signing would be much easier and faster than now!
Stena fleet
Master
To sum up, I have to say I really like the system; it's extremely easy to use
Vopak
Load Master
CargoDocs makes our job simpler, and the main thing, much faster. The future of shipping documents is electronic signing
Unicom
Master
CargoDocs fits perfectly within Brostrom’s fleetwide adoption of broadband and short sea service. It eases the administrative burden for the captain and fosters real time savings
Brostrom Tankers
It was easier than I thought. It's a great system and I'd like to see this really take off throughout the industry
General Maritime
Operator
How long does it take to start trialing or using DT4?
If you start trialing DT4 standalone, i.e., without an interface to your ERP / Hydrocarbon Accounting system, we can set a new terminal up and you ready for testing in 5-10 business days (depending on the scope of testing)
How can the workflows and documents managed be customized for different terminals?
Each asset can be setup with its own workflows and document sets, or companies can use DT4 to create and maintain global processes, with variations to meet local requirements
How do I integrate my ERP or Hydrocarbon Accounting System?
We provide flexible integration options, enabling you to use our Open RESTful APIs to import/export data and docs; SAML 2.0 (or OIDC) for just-in-time user provisioning and SSO; Amazon MQ to enable B2B event-driven messages for more complex integration scenarios
Can DT4 be used to manage both paper and electronic shipping/trading documents?
Yes, the solution enables full or partial digitization, but enables terminals to use a single solution/process even if some shipping documentation will be issued as paper originals
Do I need to adopt the end-to-end flow, or can I only adopt parts such as ship-shore digitization or shipping/trading docs digitization?
A terminal can choose to digitize the entire ship-shore process and/or post-loading shipping documents. Workflows and documents managed will be configured to your specific requirements as part of the setup
What time savings have customers experienced using DT4?
Digitizing only the shipping documentation process is proven to save 0.5-6 hours per movement, depending on your current paper-based process. Terminals adopting the full DT4E ship-shore module can save an additional 1-3 hours per movement
Who pays for DT4?
The solution is charged to either the terminal or lifter. Other parties such as ship agents, inspectors, tanker/barge operators use the solution free-of-charge