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Shipowner Offers Sailors 6-Fold Pay To Cross Strait Of Hormuz: Report

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A shipping company has reportedly offered sailors six times their standard pay to navigate the Strait of Hormuz. The incentive is intended to secure crews for voyages to Saudi Arabia or Iraq to transport crude oil amid regional tensions.

According to a document seen by Bloomberg, a company offered seafarers an additional six months' salary if they completed a round trip through the strait to collect crude oil from Saudi Arabia or Iraq and unload it in the Gulf of Oman.

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