Robert Bugbee and Nicolas Busch pulled up a pair of wing chairs on the dais of a finance conference in New York last 9 November and proceeded to have a leisurely 35-minute discussion of life in shipping.

Scorpio Tankers president Bugbee had the role of interviewer and Navig8 group principal Busch the interviewee for the Marine Money session. But so laid back was their chat that it took on the tone of two friends bantering privately over drinks.