1 of 1
Story summary
- Iran's missile and drone attacks have driven record freight rates for oil tankers crossing the Strait of Hormuz.
- Captains now earn $100,000 monthly hazard pay plus a $50,000 bonus per Hormuz trip, sources said.
- Daily freight rates for Hormuz crossings hit $1.3 million, up from $20,000-$50,000 last year.
- Since the Iran war began on Feb. 28, at least 93 ships have been hit and 24 sailors killed, IMO reports.