Environmental Risk

Energy Geopolitics

Russia’s Shadow Fleet: 600 Aging Tankers Create Billion-Dollar Reinsurance Black Hole

With 60% uninsured and average age exceeding 25 years, vessels circumventing sanctions pose converging environmental and systemic financial risks as enforcement gaps leave liability unhedged.

8 min read ·
Energy Geopolitics

Ukrainian Strike on Russian LNG Tanker Opens New Front in Energy Warfare

Arctic Metagaz drifting in Mediterranean with 60,000 tons of liquefied natural gas marks first attack on LNG carrier, escalating conflict beyond oil infrastructure while creating environmental crisis in contested waters.

7 min read ·