[Hormuz Strait Oil Tanker Captains Earn $100,000 Monthly Salary, Plus $50,000 Bonus for Each Crossing] Golden Finance reported on October 7 that as Iran has recently intensified attacks on ships in the Hormuz Strait, crew members willing to take the risk of crossing are receiving unprecedented 'danger premiums.' According to three individuals close to oil tanker owners and crew members, some oil tanker captains now earn a monthly salary of $100,000, with an additional $50,000 bonus for each crossing of the strait. Ordinary sailors are earning 4 to 6 times their normal wages. Shipping costs have simultaneously skyrocketed: this week, freight rates for crossing the strait have risen to approximately $1.3 million per day, compared to the usual $20,000 to $50,000 last year. Single-trip war risk insurance costs can reach as high as $20 million. Maritime security company Vanguard stated that since September 20, at least 14 attacks have occurred in the strait. The strait accounts for approximately one-fifth of the global oil and natural gas supply.