Leadership

The United States Senate unanimously confirmed the President’s nomination of Captain William G. Schubert as Maritime Administrator on December 6, 2001.

The major accomplishments during his tenure as the U.S. Maritime Administrator include: reform of US EXIM Bank & Maritime Administration operations and compliance policies and procedures; expanded the DOT-TIFIA financing program to include port and intermodal infrastructure projects; implemented the OIG/GAO recommended reforms of the Title XI Loan Guarantee Program; corporate tax reform for the U.S. maritime industry; the 10 year Congressional reauthorization of the Maritime Security Program; successful implementation of the expanded Deep Water Port Program for LNG terminals; enactment of the Port Security Grant program; and formally establishing Short Sea Shipping as a national transportation policy. He also worked to eliminate trade barriers through the successful negotiation and execution of bilateral maritime agreements with China, Brazil, and Russia.

Captain Schubert has dedicated nearly the entirety of his career to the export trade financing and shipping industries. In 1995, he established International Trade & Transportation, Inc. (IT&T) as a small business enterprise to provide tied ECA consulting services to project sponsors and their financial advisors, EPC contractors, and lending institutions. IT&T is one of the only consulting companies in the world that specializes in all eligibility, operations, and compliance requirements of the US EXIM Bank’s Project Finance Program. The services provided by IT&T have been utilized on most of the major US EXIM Bank transactions (including mutable ECA’s) the past 29 years which accounted for $58+ billion in aggregate loan value. The U.S. EXIM Bank transactions included the top five capital project transactions (by loan value) approved by the EXIM Bank Board totaling $17.4 billion. IT&T Services have supported four (4) transactions that received the EXIM Bank’s “Deal of the Year Award”, and two (2) “Renewable Energy Exporter of the Year Award”.

Captain Schubert was a cofounder of the US Exporters Competitive Maritime Council in 1998 and held memberships in the Navy League, National Industrial Transportation League and the U.S. Merchant Marine Academy (USMMA) Alumni Association, and currently serves on the Texas A&M (Galveston) Board of Visitors, USAID Food Aid Consultative Group’s Executive Committee. He was awarded the Breakbulk America’s Lifetime Achievement Award in 2010 for his leadership in the industry; the USMMA Alumni of the Year in 2004, the US Merchant Marine Outstanding Professional Achievement Award in 1994, and the Secretary of Transportation’s “Silver Medal” for Meritorious Achievement in 1989 for his accomplishments related to restructuring the Federal Ship Financing Program. In 1985, while employed with Global Marine Drilling as a Master/Offshore Installation Manager, Captain Schubert received the company’s “President’s Excellence Award” for preventing loss of life and property during a severe well blowout in the North Sea. 

Captain Schubert tendered his resignation to the President in February 2005, and returned to Houston, Texas, and provides ECA finance, capital project supply chain management, and US government relations consulting services through his company, IT&T. Captain Schubert is a graduate of the United States Merchant Marine Academy and has 13 years operational experience sailing as an officer aboard U.S. flag vessels. He obtained a USCG Unlimited Master License any Oceans and served ten years as a commissioned officer in the United States Navy Reserve.