Shipping companies offering captains $US100k a month to transit Strait of Hormuz

Oil tanker captains in the Persian Gulf are being paid up to $US100,000 (about $143,000) a month to navigate the Strait of Hormuz, industry insiders and maritime unions say, as Iran and the United States continue to impose separate blockades of the critical waterway. Gulf oil producers are increasingly desperate to get their oil out of the region and onto market after a recent step-up in attacks from Iran’s Islamic Revolutionary Guard Corps (IRGC) on tankers attempting to pass the dangerous choke-point. The new wave of assaults on vessels followed reports last month that crude shipments were edging back toward…