BusinessHormuz Risk Drives Tanker Captains' Pay to $100,000 Monthly
Oil tanker captains navigating the Strait of Hormuz are now offered up to $100,000 per month plus a $50,000 bonus per crossing due to heightened risks from Iranian attacks. Freight rates have surged to $1.3 million daily, compared to $20,000-$50,000 last year. Crew wages have sharply increased, with captains earning far above the usual $15,000 and sailors receiving multiple times their normal pay during crossings.
Firstpost Business·



