Scorpio Bulkers cannot predict the effects of a prolonged US-China trade war but the company is ready for just about any risk, says president Robert Bugbee.

The New York-listed owner has spent the past half year raising liquidity through various means, including several sale-and-leaseback deals.

"We don't know exactly how that [trade war] will happen," he told TradeWinds Wednesday during the 32nd annual Marine Money Conference in New York.