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Sailors offered six months' extra pay to sail through Strait of Hormuz
๐Ÿ“ˆ Business

Sailors offered six months' extra pay to sail through Strait of Hormuz

Shipowners are offering sailors bonuses of up to six times their base monthly salary to sail through the Strait of Hormuz, according to Bloomberg. The route is considered one of the world's most dangerous due to ongoing geopolitical tensions in the region. The scale of the premiums reflects how hard it has become to recruit crews for such voyages.

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