Intercontinental Exchange, Inc. announced the launch of ICE Digital Trade Documents (ICE DTD) for the energy industry, a highly configurable solution digitizing post-trade and shipping processes for physically delivered commodities including oil, gas and petrochemicals. The launch follows a series of successful trials conducted for shipments of refined products within Asia Pacific. ICE DTD offers terminal and refinery operators in the energy industry a way to digitize the communication and documentation transmitted between stakeholders at the point of delivery or receipt of the cargo.

It can be easily configured and adopted, enabling operators to manage and visualize all communication between vessels and terminals, as well as assist with managing loading and discharge instructions, ship to shore safety documentation, and generating shipping and trade documentation. By digitizing these processes, ICE DTD brings increased transparency and collaboration across the many different participants involved in the physical delivery of commodities. It helps shippers and operators avoid what can become costly errors and delays, as well as achieve substantial time savings per shipment, and help maximize the amount of goods that can be delivered at the terminal.