Man of steel

Robert Bugbee has been crowned commodore of the Connecticut Maritime Association (CMA).
 ‘Gangnam Style’

‘Gangnam Style’

The Scorpio boss accepted the organisation’s highest honour during a coronation ceremony that marked the conclusion of the Shipping 2014 conference in Stamford.

Oivind Lorentzen, Peter Georgiopoulos and other award winners from years past were on hand for emotional support during a ‘roast’ led by Richard du Moulin of Intrepid Shipping.

The master of ceremonies poked fun at Bugbee’s penchant for fuel-efficient product tankers and made a few colorful remarks about his feud with Morgan Stanley analyst Fotis Giannakoulis.

This was followed by a series of PowerPoint slides with a comical likeness of the commodore in a superhero costume with the moniker “Eco Man” etched on his chest.

Du Moulin handed out capes and bibs emblazoned with the motto “Truth, justice and the eco way” before leading a commodore chorus line set to the pop song ‘Gangnam Style’.

The dance number was a highlight for many attendees who said they also enjoyed Peter Evensen’s speech, which one delegate described as “hilarious but heartfelt”.

They noted the audience erupted with laughter when the Teekay Corp chief busted Bugbee’s chops about his title at Scorpio Tankers and Scorpio Bulkers with a clever one-liner inspired by the phrase “always a bridesmaid, never a bride”.

Bugbee received a standing ovation when the outgoing commodore handed over the iconic hat that is synonymous with CMA’s annual exhibition. As in years past the event was followed by a gala dinner and after-hours party in the lobby of the Hilton hotel.

Scorpio Tankers
Last+/- %+/-High
USD9.81-1.11%-0.119.99
Related Maps
 
Shipping 2014
Related
  • Shipping's shy guy

    Robert Bugbee was pleased to be offered the Connecticut Maritime Association's 2014 Commodore Award, but had a moment of doubt before accepting, he confides to TradeWinds.
  • From A to B, via sea

    Robert Bugbee rarely takes the conventional route, but behind the shambolic image is one of the sharpest brains in the business, as Joe Brady reports
  • Prince Midas of Monaco

    Shipping's dealmaker of the moment has reinvented his fading family firm as an expansive public group, writes Julian Bray. TW+ probes Scorpio's past and prospects
  • Feud escalates between Scorpio Tankers and Morgan Stanley

    Criticism of Dorian LPG deal sets off another round of fireworks in ding-dong battle between the New York-listed tanker giant and the investment bank that led its IPO

  • Scorpio and Morgan Stanley put softener on notion of serious rift

    Ties between the bank and owner have loosened markedly, with the owner raising more than $1bn in public equity this year without Morgan Stanley participating in a single penny

User