Cato joined Tufton Oceanic in 1989 where he was responsible for the group’s shipping investment fund and individual investment accounts with a total of 50 ships. He co-founded Oceanic Hedge Fund in 2002 and currently serves as CIO. Cato has held several non-executive directorships of private and public shipping companies. Prior to joining Tufton Oceanic, he worked as a naval architect and project manager with Brown and Root in offshore construction projects, from 1978 to 1989. Before that, he had served as an officer in the Royal Norwegian Navy. Cato holds an MSBA, a B.Sc. (Hons) in Naval Architecture, is a Member of the Royal Institution of Naval Architects and holds a diploma in Company Direction.