Francop: Israel shows captured arms documents

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Straits of Hormuz Revolutionary Guards

Five Iranian Revolutionary Guard fast boats "harassed and provoked" three U.S. naval ships in international waters at the Straits of Hormuz at the mouth of the Persian Gulf. The cruiser Port Royal, the destroyer Hopper and the frigate Ingraham were in international waters on their way into the Persian Gulf around 8 a.m. local time Sunday when the Iranian encounter occurred. Vice Adm. Kevin J. Cosgriff, commander of American naval forces in the region, said Iran might take actions to illustrate its ability to damage global prosperity. The Fars news agency, which is close to the Revolutionary Guard, wrote “This was a media show by Bush to pretend his trip is important to the Middle East and to make the Arab countries feel that they need the U.S. forces in the region for security.” here

North Korean Kang Nam V also detained by Hong Kong

Security Advisor to JWC
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