The Hormuz bonus: Sailor salaries soar for transits amid Iran war
- As shipping traffic through the besieged Strait of Hormuz fell to its lowest level since July this week, reports have emerged that sailors are being paid large bonuses for making the dangerous trip through the Gulf waterway.
- Some captains are earning base salaries of as much as $100,000 – the high end of usual salaries which vary greatly between shipping companies – plus a $50,000 bonus per voyage through the strait, the UK’s Financial Times has reported.
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- As shipping traffic through the besieged Strait of Hormuz fell to its lowest level since July this week, reports have emerged that sailors are being paid large bonuses for making the dangerous trip through the Gulf waterway.
- Some captains are earning base salaries of as much as $100,000 – the high end of usual salaries which vary greatly between shipping companies – plus a $50,000 bonus per voyage through the strait, the UK’s Financial Times has reported.
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Sources: Al Jazeera