Ship captains and tanker crews are being offered sharply higher pay to keep vessels transiting the Strait of Hormuz, according to reports citing the Financial Times. The figure mentioned is up to $100,000 per month, with additional bonuses of as much as $50,000 for each transit.
The higher compensation is presented as a response to increasing risks in the waterway, including attacks attributed to Iran and Iran-aligned forces. While one outlet focuses on the shipping pay itself, another headline included in the materials also points to regional strikes involving air facilities in Riyadh and Aden, underscoring the broader security environment in the region. Across the sources provided, the common theme is that shipowners are raising incentives to persuade seafarers to continue operating through a contested and dangerous chokepoint.