Vessel Seized in Red Sea Chartered by Japanese Shipping Line
(Bloomberg) -- Japanese shipping company Nippon Yusen KK said a vehicle carrier that it chartered was seized in the Red Sea, following an earlier announcement on the incident by the Israeli government.
The vessel, called Galaxy Leader, was chartered by Nippon Yusen, a spokesperson for the company said Monday, confirming an earlier report by Nikkei.
Israel said on Sunday that Iran-backed Houthi rebels in Yemen had hijacked a cargo ship in the Red Sea, one of the world’s busiest shipping lanes. The incident will revive fears the Israel-Hamas war could lead to major shipping disruptions in the Middle East, something which hasn’t happened so far.
Prime Minister Benjamin Netanyahu’s office condemned the seizure of what it said was a vessel owned by a British company and operated by a Japanese firm, without naming either of those.
The vessel is owned by Israeli businessman Rami Ungar, according to a person familiar with the matter. It is registered in the UK, the person said, asking not to be identified, citing the sensitivity of the matter. Calls for request to Ungar’s mobile phone went unanswered.
For more stories on the Israel-Hamas war, click here.
Yemen’s Houthi rebels have threatened to strike Israel since its war against Palestinian militant group Hamas began in early October, and has launched failed missile attacks that were believed to have targeted Israel. Sunday’s incident marks the first big escalation in the threat posed by Houthis against global maritime shipping since the latest conflict began.
A spokesman for the group on Sunday said it would continue to target Israeli ships until the military operation against Hamas ends, calling on other countries to withdraw citizens working on such vessels.
The rebel group is based in Yemen, allowing it to stage attacks on commercial vessels in the Red Sea. In January 2022, Houthis hijacked a United Arab Emirates-flagged cargo ship carrying supplies for a Saudi Arabian hospital.
Houthis are believed to be getting training, technical expertise and increasingly sophisticated weapons — including drones, ballistic and cruise missiles — from Iran.
Netanyahu’s office blamed Sunday’s attack on the government in Tehran, which it said is endangering global shipping lanes. Iran hasn’t commented on the incident.
The Israeli government said the ship’s 25 crew members include people from Ukraine, Bulgaria, the Philippines and Mexico. Israel’s army said the vessel was on its way from Turkey to India at the time of the attack.
(Updates with confirmation from Nippon Yusen in first two paragraphs)
©2023 Bloomberg L.P.
KEEPING THE ENERGY INDUSTRY CONNECTED
Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.
By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.
More oil news

Saudis Forecast to Cut Oil Price to Asia as Competition Heats Up
Nov 29, 2023
Oil Edges Higher as Saudis Push OPEC+ to Trim Production Quotas
Nov 28, 2023
OPEC Defends ‘Vilified’ Oil Industry on Eve of Climate Meeting
Nov 28, 2023
Oil Declines for Fourth Day on OPEC+ Intrigue and Risk-Off Tone
Nov 27, 2023
BP Exits Gas Field in Senegal After Disagreement Over Exports
Nov 25, 2023
Petrobras Lifts Business Plan 31% in Major Shift Under Lula
Nov 24, 2023
Oil Falls as OPEC+ Seeks to Resolve Pre-Meeting Output Dispute
Nov 24, 2023
Oil Dragged Lower as OPEC+ Discord Forces Delay to Key Meeting
Nov 23, 2023
Oil Steady as US Stockpiles Take Center Stage Before OPEC+ Meets
Nov 22, 2023
Oil Holds Two-Day Advance on Speculation OPEC+ May Deepen Curbs
Nov 21, 2023
There is a lot of hope in hydrogen
Nov 17, 2023
The important role of Scope 3 emissions in a circular economy
Nov 16, 2023
Realising the power of AI to drive real-time optimisation
Nov 15, 2023
SERTECPET focused on promoting sustainability in the oil and gas sector
Nov 15, 2023
Digitalisation can act as a driver for decarbonisation
Nov 14, 2023
The trillion-dollar opportunities on the road to net zero
Aug 16, 2023
Unlocking growth opportunities in sustainable finance
Jul 12, 2023
Decoding the trends shaping the future of energy
Jun 14, 2023
Exploring ESG’s critical role in the journey to net zero
May 18, 2023
Clearing the air on carbon markets in the Middle East
Apr 26, 2023Partner content

IT/OT convergence: balancing agility and reliability

Technologies that can help the oil and gas industry decarbonise

World-class energy management systems can shape a sustainable future

Automation is the key to LNG present and the future scenario for hydrogen
