diff --git a/client/ayon_resolve/api/lib.py b/client/ayon_resolve/api/lib.py
index 58476e7900..5beb3ddd6d 100644
--- a/client/ayon_resolve/api/lib.py
+++ b/client/ayon_resolve/api/lib.py
@@ -1,7 +1,8 @@
 import sys
-import json
 import re
 import os
+import json
+import uuid
 import contextlib
 from typing import List, Dict, Any
 from opentimelineio import opentime
@@ -40,6 +41,36 @@
 self.pype_timeline_name = "OpenPypeTimeline"
 
 
+def get_timeline_media_pool_item(timeline, root=None) -> object:
+    """Return MediaPoolItem from Timeline
+
+
+    Args:
+        timeline (resolve.Timeline): timeline object
+        root (resolve.Folder): root folder / bin object
+
+    Returns:
+        resolve.MediaPoolItem: media pool item from timeline
+    """
+
+    # Due to limitations in the Resolve API we can't get
+    # the media pool item directly from the timeline.
+    # We can find it by name, however names are not
+    # enforced to be unique across bins. So, we give it
+    # unique name.
+    original_name = timeline.GetName()
+    identifier = str(uuid.uuid4().hex)
+    try:
+        timeline.SetName(identifier)
+        for item in iter_all_media_pool_clips(root=root):
+            if item.GetName() != identifier:
+                continue
+            return item
+    finally:
+        # Revert to original name
+        timeline.SetName(original_name)
+
+
 @contextlib.contextmanager
 def maintain_current_timeline(to_timeline: object,
                               from_timeline: object = None):
@@ -961,9 +992,14 @@ def get_reformated_path(path, padded=False, first=False):
     return path
 
 
-def iter_all_media_pool_clips():
-    """Recursively iterate all media pool clips in current project"""
-    root = get_current_project().GetMediaPool().GetRootFolder()
+def iter_all_media_pool_clips(root=None):
+    """Recursively iterate all media pool clips in current project
+
+    Args:
+        root (Optional[resolve.Folder]): root folder / bin object.
+            When None, defaults to media pool root folder.
+    """
+    root = root or get_current_project().GetMediaPool().GetRootFolder()
     queue = [root]
     for folder in queue:
         for clip in folder.GetClipList():
diff --git a/client/ayon_resolve/api/pipeline.py b/client/ayon_resolve/api/pipeline.py
index 05d2c9bcd1..d68ba228ef 100644
--- a/client/ayon_resolve/api/pipeline.py
+++ b/client/ayon_resolve/api/pipeline.py
@@ -156,6 +156,13 @@ def ls():
             continue
         data = json.loads(data)
 
+        # treat data as container
+        # There might be cases where clip's metadata are having additional
+        # because it needs to store 'load' and 'publish' data. In that case
+        # we need to get only 'load' data
+        if data.get("load"):
+            data = data["load"]
+
         # If not all required data, skip it
         required = ['schema', 'id', 'loader', 'representation']
         if not all(key in data for key in required):
diff --git a/client/ayon_resolve/api/plugin.py b/client/ayon_resolve/api/plugin.py
index 12b10fe441..671285604e 100644
--- a/client/ayon_resolve/api/plugin.py
+++ b/client/ayon_resolve/api/plugin.py
@@ -5,6 +5,7 @@
 import qargparse
 from qtpy import QtWidgets, QtCore
 
+from ayon_core.pipeline.constants import AVALON_INSTANCE_ID
 from ayon_core.settings import get_current_project_settings
 from ayon_core.pipeline import (
     LegacyCreator,
@@ -903,6 +904,35 @@ def _create_parents(self):
             self.parents.append(parent)
 
 
+def get_editorial_publish_data(
+    folder_path,
+    product_name,
+    version=None
+) -> dict:
+    """Get editorial publish data from context.
+
+    Args:
+        folder_path (str): Folder path where editorial package is located.
+        product_name (str): Editorial product name.
+        version (Optional[str]): Editorial product version. Defaults to None.
+
+    Returns:
+        dict: Editorial publish data.
+    """
+    data = {
+        "id": AVALON_INSTANCE_ID,
+        "productType": "editorial_pkg",
+        "productName": product_name,
+        "folderPath": folder_path,
+        "active": True,
+    }
+
+    if version:
+        data["version"] = version
+
+    return data
+
+
 def get_representation_files(representation):
     anatomy = Anatomy()
     files = []
diff --git a/client/ayon_resolve/plugins/create/create_editorial_package.py b/client/ayon_resolve/plugins/create/create_editorial_package.py
new file mode 100644
index 0000000000..67ae9c3edb
--- /dev/null
+++ b/client/ayon_resolve/plugins/create/create_editorial_package.py
@@ -0,0 +1,31 @@
+import json
+from ayon_core.pipeline.create.legacy_create import LegacyCreator
+
+from ayon_resolve.api import lib
+
+
+class CreateEditorialPackage(LegacyCreator):
+    """Create Editorial Package."""
+
+    name = "editorial_pkg"
+    label = "Editorial Package"
+    product_type = "editorial_pkg"
+    icon = "camera"
+    defaults = ["Main"]
+
+    def process(self):
+        """Process the creation of the editorial package."""
+        current_timeline = lib.get_current_timeline()
+
+        if not current_timeline:
+            raise RuntimeError("Make sure to have an active current timeline.")
+
+        timeline_media_pool_item = lib.get_timeline_media_pool_item(
+            current_timeline
+        )
+
+        publish_data = {"publish": self.data}
+
+        timeline_media_pool_item.SetMetadata(
+            lib.pype_tag_name, json.dumps(publish_data)
+        )
diff --git a/client/ayon_resolve/plugins/load/load_editorial_package.py b/client/ayon_resolve/plugins/load/load_editorial_package.py
index 234e7b7f71..4d65365119 100644
--- a/client/ayon_resolve/plugins/load/load_editorial_package.py
+++ b/client/ayon_resolve/plugins/load/load_editorial_package.py
@@ -1,11 +1,15 @@
+import json
 from pathlib import Path
+import random
 
 from ayon_core.pipeline import (
+    AVALON_CONTAINER_ID,
     load,
     get_representation_path,
 )
 
 from ayon_resolve.api import lib
+from ayon_resolve.api.plugin import get_editorial_publish_data
 
 
 class LoadEditorialPackage(load.LoaderPlugin):
@@ -32,21 +36,124 @@ def load(self, context, name, namespace, data):
 
         project = lib.get_current_project()
         media_pool = project.GetMediaPool()
+        folder_path = context["folder"]["path"]
 
         # create versioned bin for editorial package
         version_name = context["version"]["name"]
-        bin_name = f"{name}_{version_name}"
-        lib.create_bin(bin_name)
+        loaded_bin = lib.create_bin(f"{folder_path}/{name}/{version_name}")
 
+        # make timeline unique name based on folder path
+        folder_path_name = folder_path.replace("/", "_").lstrip("_")
+        loaded_timeline_name = (
+            f"{folder_path_name}_{name}_{version_name}_timeline")
         import_options = {
-            "timelineName": "Editorial Package Timeline",
+            "timelineName": loaded_timeline_name,
             "importSourceClips": True,
             "sourceClipsPath": search_folder_path.as_posix(),
         }
 
+        # import timeline from otio file
         timeline = media_pool.ImportTimelineFromFile(files, import_options)
+
+        # get timeline media pool item for metadata update
+        timeline_media_pool_item = lib.get_timeline_media_pool_item(
+            timeline, loaded_bin
+        )
+
+        # Update the metadata
+        clip_data = self._get_container_data(
+            context, data)
+
+        timeline_media_pool_item.SetMetadata(
+            lib.pype_tag_name, json.dumps(clip_data)
+        )
+
+        # set clip color based on random choice
+        clip_color = self.get_random_clip_color()
+        timeline_media_pool_item.SetClipColor(clip_color)
+
+        # TODO: there are two ways to import timeline resources (representation
+        #   and resources folder) but Resolve seems to ignore any of this
+        #   since it is importing sources automatically. But we might need
+        #   to at least set some metadata to those loaded media pool items
         print("Timeline imported: ", timeline)
 
     def update(self, container, context):
-        # TODO: implement update method in future
-        pass
+        timeline_mp_clip = container["_item"]
+        timeline_mp_clip.SetMetadata(lib.pype_tag_name, "")
+
+        self.load(
+            context,
+            context["product"]["name"],
+            container["namespace"],
+            container
+        )
+
+    def _get_container_data(
+        self,
+        context: dict,
+        data: dict
+    ) -> dict:
+        """Return metadata related to the representation and version."""
+
+        # add additional metadata from the version to imprint AYON knob
+        version_entity = context["version"]
+
+        for key in ("_item", "name"):
+            data.pop(key, None)  # remove unnecessary key from the data if it exists
+
+        data = {
+            "load": data,
+        }
+
+        # add version attributes to the load data
+        data["load"].update(
+            version_entity["attrib"]
+        )
+
+        # add variables related to version context
+        data["load"].update(
+            {
+                "schema": "ayon:container-3.0",
+                "id": AVALON_CONTAINER_ID,
+                "loader": str(self.__class__.__name__),
+                "author": version_entity["data"]["author"],
+                "representation": context["representation"]["id"],
+                "version": version_entity["version"],
+            }
+        )
+
+        # add publish data for streamline publishing
+        data["publish"] = get_editorial_publish_data(
+            folder_path=context["folder"]["path"],
+            product_name=context["product"]["name"],
+            version=version_entity["version"],
+        )
+
+        return data
+
+    def get_random_clip_color(self):
+        """Return clip color."""
+
+        # list of all available davinci resolve clip colors
+        colors = [
+            "Orange",
+            "Apricot"
+            "Yellow",
+            "Lime",
+            "Olive",
+            "Green",
+            "Teal",
+            "Navy",
+            "Blue",
+            "Purple",
+            "Violet",
+            "Pink",
+            "Tan",
+            "Beige",
+            "Brown",
+            "Chocolate",
+        ]
+
+        # return one of the colors based on random position
+        return random.choice(colors)