Shipping firms pay tanker captains up to $100,000 a month
Captains guiding oil tankers through the Persian Gulf strait can reportedly earn as much as $100,000 monthly, according to shipping insiders and unions.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
Oil tanker captains navigating the Strait of Hormuz are reportedly being paid up to $100,000 a month. Maritime unions and people inside the shipping sector say the pay is unusually high. One captain described the route as difficult and recalled older navigation methods that required no navigational lights.
Why it matters
The reports describe the work as challenging, with captains relying on traditional navigation methods to move oil through the strait.
Timeline
- Oct 9, 9:38 AM ET: A ship captain described guiding vessels through the strait using older navigation methods that required no navigational lights.
- Oct 10, 2:48 PM ET: Shipping firms were reported to be offering captains up to $100,000 a month to navigate tankers through the strait.
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