Shipping Firms Offer ‘Massive Bonuses’ for Strait of Hormuz Crossings, Report Says

South Korean shipping operator Sinokor Group has offered crews six months of extra salary for a return voyage through the Strait of Hormuz, according to a document seen by Bloomberg and cited in a July 20 report. The offer follows a wave of attacks that have killed 17 seafarers and disrupted commercial shipping in and […]