GgoogleCA first seen 1 h ago, last 55 min ago, peak #3

Tanker captains paid $100,000 a month to cross Strait of Hormuz

Original: oil tanker

Ships' captains willing to sail tankers through the Strait of Hormuz are being offered monthly salaries of around $100,000, the Financial Times reports. The premium pay reflects the heightened risks of transiting the strategic waterway, where vessels have faced attacks and seizures, prompting shipping companies to compete for experienced masters ready to take on the route.

Why now: Rising risk pay for Hormuz transits highlights ongoing tensions and threats to shipping in one of the world's most critical oil chokepoints.

Strait of HormuzFinancial Timesoil tanker operators

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• Ships’ captains paid $100,000 a month to transit Strait of Hormuz · Financial Times

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