The missing Arctic Sea dry cargo ship has been found off the Cape Verde Islands, its crew are alive and have been transferred to another ship, Itar-Tass quoted Defense Minister Anatoly Serdyukov as saying. “According to your instructions, we have been looking for the dry cargo ship, and found it today at 1 a.m. Moscow time 300 miles of the Cape Verde Islands,” the minister told President Dmitry Medvedev on Monday. “The crew have been transferred to another ship. They are being interrogated now in order to find out what happened,” the minister said. Medvedev asked if the crewmembers were safe and sound. Serdyukov reported that “the crew are safe and sound and not under armed guard”. The president instructed the minister to investigate the incident in accordance with the law and report back to him.