Jonathan Feffer Named President SSI Navigation

Thomas S. Tan, president of Itel Corporation's Transportation Services Group, has announced the appointment of Jonathan Feffer to president of SSI Navigation. SSI Navigation is engaged in the chartering of ships for the transportation of dry and liquid bulk commodities. The company owns and operates a fleet of eight vessels, with four additional vessels on order to be delivered in 1978.

Mr. Feffer joined SSI from Maritime Overseas Corporation, Agents & Brokers for Overseas Shipholding Group (NYSE). He will be headquartered in SSI Navigation's New York headquarters.

He received his A.B. degree from New York University.

The Transportation Services Group of Itel Corporation is one of the world's largest lessors of diversified transportation equipment. Its operations include SSI Container and SSI Rail, as well as SSI Navigation. By the end of 1978, it is expected that Itel's Transportation Services Group will have a fleet of equipment in excess of $700 million.

Itel Corporation, San Francisco, Calif., markets and leases capital equipment and provides related services. Itel concentrates its efforts in two of the largest categories of capital equipment — t r a n s p o r t a t i o n and computer equipment.