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In response to the unprecedented economic sanctions put on Russia following its 2022 invasion of Ukraine, Moscow spent over $10 billion on building a “shadow fleet,” accelerating a practice that countries such as Venezuela and Iran have used to circumvent sanctions. In addition to sanctions evasion, shadow fleets often operate under false flags, lack proper insurance, and pose serious risks of spills, collisions, and abusive labor conditions. Furthermore, the EU has linked the shadow fleet directly to Russia’s hybrid warfare operations, including recent damage to power and telecommunications cables in the Baltic Sea. As global shipping comes under new scrutiny with the closure of the Strait of Hormuz, the ability of the shadow fleet to undermine Washington’s strategy raises new concerns. What does the web of shadow fleet shipping look like? What impact has the war with Iran had on the fleet? And what strategies can be used to counter this practice?
Join us for a discussion on how Russia’s shadow fleet is challenging the global maritime order, featuring Michelle Wiese Bockmann, Maritime Intelligence Analyst and Writer specializing in sanctioned oil flows and Elisabeth Braw, Senior Fellow with the Atlantic Council’s Transatlantic Security Initiative in the Scowcroft Center for Strategy and Security.
By Network 20/20Visit us at Network2020.org.
In response to the unprecedented economic sanctions put on Russia following its 2022 invasion of Ukraine, Moscow spent over $10 billion on building a “shadow fleet,” accelerating a practice that countries such as Venezuela and Iran have used to circumvent sanctions. In addition to sanctions evasion, shadow fleets often operate under false flags, lack proper insurance, and pose serious risks of spills, collisions, and abusive labor conditions. Furthermore, the EU has linked the shadow fleet directly to Russia’s hybrid warfare operations, including recent damage to power and telecommunications cables in the Baltic Sea. As global shipping comes under new scrutiny with the closure of the Strait of Hormuz, the ability of the shadow fleet to undermine Washington’s strategy raises new concerns. What does the web of shadow fleet shipping look like? What impact has the war with Iran had on the fleet? And what strategies can be used to counter this practice?
Join us for a discussion on how Russia’s shadow fleet is challenging the global maritime order, featuring Michelle Wiese Bockmann, Maritime Intelligence Analyst and Writer specializing in sanctioned oil flows and Elisabeth Braw, Senior Fellow with the Atlantic Council’s Transatlantic Security Initiative in the Scowcroft Center for Strategy and Security.