Scorpio Tankers president Robert Bugbee is no stranger to voicing an optimistic outlook on the clean product carrier market.

And despite the shipowner’s fourth loss-making quarter of 2021, he was barely able to contain himself on an earnings call on Monday.

“At the risk of being criticised, we are very bullish, extremely bullish, supremely bullish,” Bugbee told equity analysts after New York-listed Scorpio reported an adjusted loss of $43.7m,