The ship is owned by a British firm, which apparently has some vague tie to someone Israeli. They're really just making an excuse to commit piracy here.
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Piracy is lucrative, because no-one takes it seriously nowadays. There is a 0% chance that ship or its personnel had any weapons to defend themselves with and a very high chance the company backing the ship will simply pay to ransom it and its crew, encouraging them to do it again. Functionally zero risk for very, very high reward.
Sort of. There was a lot of piracy in Somali waters a few years ago. But when it got bad, they did take it seriously, with multiple navies sending ships to patrol the area, and with private security on board the cargo ships.
How long until Israel sinks the ship?
We all know how Obama took care of these situations