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Synopsis

The Houthi announcement on halting attacks in the Red Sea triggered questions across the risk and compliance community. What does it really mean for vessel safety, insurance exposure, and global shipping flows?

Kpler’s Lead Tanker Analyst, Matt Wright, was joined by Ellis Morley, Associate Director of Cargo & Commodities at Howden, to discuss the cessation of attacks on vessels in the Red Sea.

What you'll learn

  • The expected shift in Red Sea transit patterns
  • How changing insurance premiums influence shipowner decisions
  • The emerging risks that could reshape global shipping routes

Meet the speakers

Matt Wright
Principal Freight Analyst - Insight

Matthew Wright is the Lead Freight Analyst at Kpler. In his role, he leads on providing clients with expertise, analysis and research on the freight markets. Prior to Kpler, Matthew was a Senior Tanker Analyst at SSY ship brokers, where he was responsible for analysing oil tanker markets, leading the development of new models and handling consulting inquiries. Matthew has extensive oil market experience from seven years in consulting at Argus Media where he worked on a range of single client projects before moving on to manage the delivery the subscription reports focusing on freight, crude and refined products.

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Ellis Morley
Divisional Director of Cargo & Commodities

With over a decade of experience spanning multiple facets of the shipping and insurance industries, Ellis Morley brings a wealth of expertise to his role at Howden. His career began in Aframax tanker broking, transitioning through chartering operations and shipping recruitment, before culminating in the insurance sector at Howden, Ellis not only focuses on servicing commodity traders but also leads and expands the firm’s cargo war placements. He spearheads global commodity programmes, devising effective and efficient insurance solutions that cater to the unique needs of traders worldwide, ensuring robust protection against the dynamic risks of international trade.

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