News
06/08/24
Decarbonisation expert Cato Espero joins SSY to oversee Offshore Projects and Alternative Fuel Solutions
SSY, the world’s largest independent shipbroker, has today announced the appointment of Cato Espero to the newly created role of Offshore Project Director & Head of Alternative Fuel Solutions, effective immediately.
Espero, a decarbonization specialist with a career spanning over three decades, has been working in the maritime and offshore sectors since 1997, holding senior positions across various global companies. In 2012, he joined Wärtsilä Corporation, a global leading technology company in his native Norway, where he held several key roles related to sales and future energy solutions. Since 2018, Espero has spearheaded the Wärtsilä’s led ZEEDS Initiative, an industry collaboration project focused on finding the fastest route to zero emissions in shipping. This initiative has served as an important incubator for Wärtsilä’s decarbonization strategy.
Working out of SSY’s Oslo and London offices, Espero will work alongside the global Offshore, Sale and Purchase and Newbuilding teams as they continue to develop and refine their alternative fuels and decarbonisation proposition.
Speaking on his new appointment, Cato Espero comments: “I am thrilled to be joining SSY, one of the world’s most esteemed and recognised broking firms. Undoubtedly, the broking industry will play a crucial role in ensuring transparency, competitive conditions and secure value creation in a rapidly changing world and I look forward to bringing my knowledge of decarbonisation, technical solutions and ecosystem thinking to SSY, a firm that has been shaping the broking and shipping industry for well over a century”.
Also speaking on today’s announcement, Stanko Jekov, SSY Managing Partner comments: “The decarbonisation of the shipping sector continues to be one of the most important challenges that we collectively face as the industry moves to low- or zero-carbon fuel alternatives. The broking industry will be key to finding the right solutions and SSY is committed to helping our customers successfully navigate through this change”.
Jekov continues; “I’m delighted to welcome Cato to SSY. He has a wealth of experience within the offshore and decarbonisation space and his knowledge will be instrumental in shaping our client offering in this ever-evolving and important sector of our business”.
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