The rebels, backed by Iran, released 25 sailors from the Bahamas-flagged Galaxy Leader after mediation by Oman. The crew consisted of mariners from the Philippines, Bulgaria, Romania, Ukraine, and Mexico. The rebels claimed they hijacked the ship due to its connection to Israel, launching a campaign targeting ships in international waters. The attacks ceased with the recent ceasefire in Israel’s conflict with Hamas in Gaza.
The Galaxy Leader is linked to Israeli billionaire Abraham “Rami” Ungar, one of Israel’s wealthiest individuals. The rebels executed a helicopter-borne raid on the ship and publicized propaganda footage of the attack. Despite signaling a reduction in attacks on Red Sea ships affiliated with Israel, the rebels warned of potential resumption if necessary. However, this move may not be sufficient to attract global firms back to the vital cargo and energy route between Asia and Europe.
The rebels’ assaults have significantly impacted traffic through the region, leading to revenue losses for Egypt, which operates the Suez Canal connecting the Red Sea to the Mediterranean. Since the conflict between Israel and Hamas began in October 2023, the Houthis have targeted over 100 merchant vessels with missiles and drones. The situation remains volatile, with the potential for further disruptions in the crucial shipping corridor.
