The symbolism was hard to mistake.

Here were Jonathan Chappell of Evercore ISI and Randy Giveans on Jefferies speaking on the closing analyst panel at Marine Money Week and flanked by three counterparts from Oslo.

That’s two from New York, three from Oslo. On a panel less than five miles from Wall Street.

And finally Chappell just said it.

“We have three Norwegian analysts and two American analysts sitting on a panel in New York,” he said.

“We’ve had three fallen comrades in the last weeks and some other colleagues just hanging on,” Chappell said, before congratulating the Norwegians for their support of the industry.