A cargo ship spotted off the African island nation of Cape Verde could be the missing MV Arctic Sea.
The Maltese flagged MV Arctic Sea disappeared off the  French coast sometime after July 29. Owned by the Russian Arctic Sea company she was operated by the Finnish Solchart Management company and had a Russian crew. 
French intelligence sources have found a ship matching the Arctic Sea's description about 400 Nautical miles north of São Vicente.
The Arctic Sea was on a scheduled route from the Finnish seaport of Pietarsaari to the Algerian seaport of  Béjaïa with a cargo of timber when it was boarded in Swedish waters between the islands Öland and Gotland on the  night of July 24. The alleged boarders left the ship the same day according to its crew and the ship continued her voyage although it would have been expected to anchor at the nearest port. 
The last official contact with the ship was with the Maritime and Coastguard Agency in Britain on July 28.  Viktor Matveyev, the director of Solchart Management says the ship radioed that it was off the coast of Portugal on July 31.  The 98-meter-long ship has so far not reached the Straits of Gibraltar and is now being sought by the Portuguese Navy and Russian Navy.
If proven this could be the first case of piracy in Europe in the modern era. There is speculation as to the reason for the ship's hijacking, as its cargo of wood, valued at 1.3 million euros, is not especially valuable. Suggestions include possible contraband, and the possibility of a commercial dispute between the crew or some other party and the ship's owners.

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Cargo ship Arctic Sea may be found