Disclosed is a phase change ink composition comprising a phase change ink carrier and a colorant compound of the formula wherein M is an atom or group of atoms capable of bonding to the central cavity of a phthalocyanine molecule, wherein axial ligands optionally can be attached to M. Also disclosed is a radiation curable ink composition comprising (a) an ink vehicle, said ink vehicle comprising at least one radically curable monomer compound, and this colorant compound.