All 23 crew members on board the ship were released, according to a shipping firm CEO. Somalia has seen an uptick in piracy in recent months amid other threats to maritime commerce in the Red Sea and elsewhere.

The MV Abdullah, a Bangladesh-flagged bulk carrier - a type of merchant ship used to transport large amounts of cargo - was hijacked in March as it was heading from Mozambique to the United Arab Emirates.

Bangladesh-flagged vessel was transporting over 55,000 tonnes of coal from Maputo to the UAE when captured.