Ship owners offer huge bonuses to take crew to Hormuz
July 20, 2026 12:46 pm, EDT The ships are anchored in the Strait of Hormuz near Iran’s Larak Island. (Majid Saeedi/Bloomberg) key takeaways: As attacks on merchant shipping escalated, Sinocor Group offered sailors an extra six months’ pay to complete the Hormuz oil voyage. The offer highlights increased risks after attacks on 59 commercial ships