AP reported that the ship was drifting and on fire about 225 kilometers off the coast of Hodeidah, a port city in Yemen held by the country’s Houthi rebels.
The vessel's crew is made up of 25 nationals from Bulgaria, Ukraine, the Philippines, Mexico and Romania, the ship's owner Galaxy Maritime said.
The HOCC said the Houthis would stop targeting Israeli-linked ships "upon the full implementation of all phases of the agreement."
"If the Israeli massacres continue, we will continue our operations," Abdul Malik al-Houthi said in a televised speech.
The experts pointed to an email, seen by Reuters, from the group postponing a planned security briefing that had been due to take place in the coming days as a possible signal.
The maritime demarcation agreement would be in line with international law and would allow two countries to determine authorities for oil and hydrocarbon exploration.
Israeli companies showcase advanced naval tech at Euronaval following court victory in France.
Its hull carries slogans reading: "Free Palestine," "Gaza you are not alone" and "Stop the Genocide," while its humanitarian aid cargo consists mostly of medicines.
The missing crew member was suspected to be trapped in the engine room, maritime sources said. The rest of the crew were "safe and sound" and had adequate food supplies, Cacdac said.
Ambrey said a radio communication indicated the vessel was hit by a missile and that there was a fire onboard.
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