Oil tanker captains are being offered over $100,000, plus bonuses, to cross Hormuz
- Tanker captains navigating the Strait of Hormuz are earning base salaries of up to $100,000 monthly plus a $50,000 per-trip bonus to attract crews willing to brave intensifying maritime attacks.
- The Middle East war, triggered by February US and Israeli attacks on Iran, has fueled a surge in maritime assaults, with maritime security company Vanguard reporting at least 14 attacks in the last 20 days.
- Freight rates for Hormuz cargoes reached a record $1.3mn per day this week, while war-risk insurance premiums for supertankers now cost up to $20 million per voyage.
- Forward Seamen's Union of India secretary-general Manoj Yadav reported that shipowners are pressuring reluctant crew members to sail by threatening job loss, with some seafarers "almost being viewed as mercenaries."
- Operational costs have spiked, with fuel prices at Fujairah rising 67% from last year, while most vessels now transit the waterway at night with GPS signaling systems switched off.
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50 Articles
Iran attacks ships in the Strait of Hormus. Those who risk their lives for the passage will be rewarded luxuriantly. At least captains. Crew members obviously do not always take the risk voluntarily.
Oil tanker captains are paid up to $100,000 a month to sail through the Strait of Hormuz. That can be topped up with a bonus of another $50,000 for each passage through the strategic waterway, the Financial Times reported, citing people familiar with the tanker market and crews. The extra pay is linked to the increased risk to ships in the area, which has been hit by missile and drone attacks. The average tanker captain earns about $15,000 a mon…
Due to the dangerous situation in the Strait of Hormuz, captains sailing there are being offered a monthly salary of $100,000. On top of that, they can earn an extra fee of $5,000 per transit, according to research by the Financial Times. This has consequences for the costs of transport and the oil itself.
Captains of oil tankers who cross the Strait of Ormuz receive US$ 100,000 (about R$ 500,000, in the current quotation) per month, plus a bonus of US$ 50,000 (R$ 250 thousand) per trip, according to the British Financial Times (FT). The values reflect the risk of a route through which, before the war, a fifth of the world's oil and liquefied natural gas was passing, and that now lives one of the most intense periods of attacks on ships since the …
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