HONG KONG Hong Kong has detained a North Korean cargo ship — the second in less than a week — because the vessel failed a safety inspection. The Kang Nam V arrived empty on Wednesday from the Taiwanese port of Kaohsiung. The ship had planned to carry scrap metal back to Taiwan.here
NORTH Korea could shortly be designated a war risk area. here The Joint War Committee, whose membership is drawn from 16 London market underwriters, focuses on hull war risk. Its main function is the maintenance and publication of its list of excluded zones. Operators of ships headed for countries that are on this list can expect to pay more for their insurance.here
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