Ship captains and crews transiting the Strait of Hormuz make so much danger pay that they’re ‘almost being viewed as mercenaries’

Fortune•Sat, Oct 10, 2026, 07:41 PM•2 min read

Tanker captains can earn $100,000 a month for transiting the strait, plus a $50,000 bonus for each trip, and sailors can make at least four to six times their normal rates.

Source: [Fortune](https://fortune.com/2026/10/10/ship-captains-crews-strait-of-hormuz-danger-mercenaries-tankers-freight-rates/)

📰 Read Full Story

This is an aggregated headline summary. For the complete report, visit the original publisher.

Continue Reading at Fortune ↗

#business #captains #transiting #strait #ship #crews #hormuz #much #danger

More Headlines

BusinessBusiness Insider• 26m ago

Satya Nadella says a company's relationship with AI should have trust issues

Microsoft CEO Satya Nadella said companies should assume AI models are compromised and contain them from the start.

BusinessInvesting.com• 1h ago

Caledonia Mining earnings beat by $0.10, revenue topped estimates

Developing story — details emerging. Check the source link for the latest updates.

TechnologyHacker News• 1h ago

Build Fast, Ship Slow

2 points, 0 comments on Hacker News

BusinessBusiness Insider• 3h ago

I moved my family from Australia to New York City 12 years ago. It's led to some very expensive regrets.

Moving my family to New York City from Australia years ago has been expensive, and I've made mistakes that led to regrets, but the move was worth it.

BusinessInc.• 3h ago

Digital Nomads Are Leaving the U.S. for These 4 Cities

Same business, better backdrop and a lower cost of living.

BusinessFortune• 3h ago

Trump says he’s evaluating whether the U.S. should join Saudi Arabia’s fight against Iran-backed Houthi rebels in Yemen after fresh attacks on Riyadh

“We may. We’re going to look at it,” Trump said. “We just found out about the recent attack.