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Seafarers Now Command Huge Bonuses for Hormuz Transits

Shipowners aren't the only ones making a fortune from million-dollar day rates for Hormuz transits. Far from being coerced or tricked into sailing int...

9 Articles

Right

Captains and sailors on ships in Hormuz are now almost mercenaries, according to data from the Financial Times - The hazard wages they receive amid escalation from Iran and the pressures exerted on them if they refuse - Freight rates skyrocket to $1.3 million per day

·Marousi, Greece
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Center

Captains get a handsome risk bonus and salary for sailing through the dangerous Strait of Hormuz

·Copenhagen, Denmark
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Center

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.

Lean Right

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.

Center

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.

·Bucharest, Romania
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The Maritime Executive broke the news in Vero Beach, United States on Wednesday, October 7, 2026.
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