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The Economic Times
The Economic Times

Oil tanker captains are being offered over $100,000, plus bonuses, to cross Hormuz

Oil tanker captains transiting through the Strait of Hormuz are being paid rates equivalent to $100,000 a month, along with a whooping $50,000 bonus for each trip, according to a report by Financial Times .

As Iran steps up attacks on vessels in the Gulf, shipowners are offering the amount to persuade seafarers to stay on vessels as Gulf countries try to keep crude oil flowing through the crucial waterway, three people close to tanker owners and crew told the publication.

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