The ocean-going dhow with a crew of up to 20 was seized by pirates off Qandala in the semi-autonomous Puntland region on Tuesday, said John Steed, regional manager for Oceans Beyond Piracy, a US-based non-profit group.
Steed said the latest hijacking "is part of a trend" that has seen Somali piracy erupt again after lying dormant for years.
There have been at least eight attacks in recent months and three successful hijackings.
The Indian navy recently thwarted an attempted hijacking, chasing away at least three motorised skiffs that had swarmed a cargo vessel off Somalia's northeast.
"The risk is very high if a vessel is not carrying an armed security team and following best maritime practice," Steed said.
Somali pirates began staging attacks in 2005, seriously disrupting a major international shipping route and costing the global economy billions of dollars a year.
At the peak of the piracy crisis in January 2011, 736 hostages and 32 boats were held.
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