diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 8ed0e8b..53d4a3f 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-    ".": "0.11.0"
+    ".": "0.12.0"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 11d8ebc..377ef5a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,18 @@
 ## CHANGELOG
 
 
+## [0.12.0](https://github.com/apm-js-collab/tracing-hooks/compare/tracing-hooks-v0.11.0...tracing-hooks-v0.12.0) (2026-07-13)
+
+
+### Features
+
+* Update orchestrion to v0.18.0 ([#46](https://github.com/apm-js-collab/tracing-hooks/issues/46)) ([348c8b5](https://github.com/apm-js-collab/tracing-hooks/commit/348c8b5adf4dd86bb1d96cfd0adcafc5182cd618))
+
+
+### Bug Fixes
+
+* defer CJS transformation to the _compile patch in the async load hook ([#45](https://github.com/apm-js-collab/tracing-hooks/issues/45)) ([2ac752a](https://github.com/apm-js-collab/tracing-hooks/commit/2ac752a1ee90d83943709c888a599a0dc7693362))
+
 ## [0.11.0](https://github.com/apm-js-collab/tracing-hooks/compare/tracing-hooks-v0.10.1...tracing-hooks-v0.11.0) (2026-07-01)
 
 
diff --git a/package.json b/package.json
index e55faba..c1f5046 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@apm-js-collab/tracing-hooks",
-  "version": "0.11.0",
+  "version": "0.12.0",
   "description": "CJS and ESM hooks for orchestrion",
   "license": "Apache-2.0",
   "type": "commonjs",