Assigning tokens (SC)

Shipping companies assigning tokens to a company with a Facilitator account should follow these steps.

1) In the "Holdings" section of your account, you should select the tokens that you would like to assign. When selected, an "assign" button will appear at the bottom of the screen, highlighted in red below. Click this button.

Note: Assigned tokens remain under the shipping company's ownership and are visible in the “Assigned Tokens” tab. However, while tokens are assigned, the shipping company cannot transfer them or retire them on behalf of off-platform customers. To regain the ability to transfer or retire these tokens, please refer to the section “Unassigning Tokens.”

2) A pop-up box will appear that asks you to select the fossil baseline of reference used to calculate the emission savings. Further information about these baselines can be found on Katalist's documentation page and in Annex VIII of the manual.

3) After selecting the fossil baseline of reference, you will be prompted to indicate whether transport work information should be included in the transfer. You may choose to reflect transport work associated only with the sustainable marine fuel (SMF) consumed, or with total fuel consumption, including conventional fuels (e.g., pilot fuels). If transport work information is included, the receiving party will be able to view the data as displayed below. If it is not included, no transport work information will be visible to the receiving party. For details on the calculation methodology, please refer to Annex IX of the Katalist Manual.

4) Then, you will be prompted to select the number of tokens, emission savings, or transport work you would like to transfer. Once you enter a value in any of the fields, the others will be populated with the corresponding values, as shown below. If you would like to transfer all these tokens, emission savings, or transport work, select "MAX".

5) You will be asked to input the account name and ID of the receiving party. If you have already assigned tokens to this company and saved them as a "trusted account" (see step 7), you can select them from the drop-down list.

6) If you would like to include a comment in the retirement statement, e.g. contract information relevant to the receiving party, you can select the toggle that allows this and write the relevant information.

7) Once all the information for this assignment has been filled in, you can choose to include the receiving party as a "trusted account". If you select this, in future assignments you can select their account from the drop-down box (see step 5).

8) When you click submit, a new pop-up box will appear informing you of the next steps. First, the receiving party will review these tokens, and if they accept the assignment, the Katalist administrators will review it. Once both parties have approved, the assignment is complete.

9) While waiting for this approval, you can view the information about the assignment in the "Pending Units" section of your account holdings.

If you would like to cancel this assignment for any reason, click this transaction to be redirected to the screen below, where you can cancel, highlighted in red. Once the assignment has been approved by the receiving party and the administrator, you should see “Unassigning tokens (SC & FF)” to revert this transaction and have your tokens appear in the Account Holding tab again.

10) You will receive an email notification both when the receiving party accepts this assignment and when the administrator accepts this transfer.