Seafarers Now Command Huge Bonuses for Hormuz Transits
8 Articles
8 Articles
Captains get a handsome risk bonus and salary for sailing through the dangerous Strait of Hormuz
The owners of tankers transporting oil through the Strait of Hormuz pay their captains about $100,000 a month, plus a bonus of $50,000 for each voyage. A captain's typical monthly salary is $15,000.
The captains of the oil tankers of the Gulf are paid with amounts equivalent to 100,000 dollars per month to cross the Strait of Hormuz, to which is added a bonus of 50,000 dollars for each race, the Article of the Captains of the ships crossing the Strait of Hormuz receive 150,000 dollars per race appears first time in Romania TV.
Oil tankers' captains are paid up to $100,000 a month to accept crossing the Ormuz Straits, one of the most dangerous maritime routes in the world. To this amount can be added a bonus of about $50,000 for each crossing. The costs of transportation and insurance have exploded, while traffic through the Straits has collapsed, says Financial Times.
The high risk involved in transiting the Strait of Hormuz is leading to a sharp rise in labor costs for tanker crews. According to the Financial Times, shipowners are offering increasingly higher bonuses to seafarers to encourage them to work in waters vulnerable to Iranian attacks.
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