Although the emergency Jones Act waiver issued in March 2026 generated considerable attention, it has had minimal impact on the U.S. LPG/propane market. Based on MARAD voyage reports, only three propane cargoes moved under the waiver, totaling approximately 540 Mbbl. All three shipments originated from the U.S. mainland and were delivered to Puerto Rico, which relies heavily on imported propane. No reported waiver movements involved butane, mixed LPG, or ethane, and no propane cargoes moved to U.S. mainland destinations.
Featured Articles
- Blog
Let It Go, Let It Flow – Jones Act Waiver Opens Up New Routes for Foreign-Flagged Ships on U.S. Waters
The White House gave the green light on March 18 for foreign-flagged tankers to move crude oil and refined products between U.S. ports by waiving the Jones Act. In less than two months, about 60 waivers have been recorded. Today, we’ll dig into the new patterns that have emerged.
- Blog
Me and Mrs. Jones – White House Issues Jones Act Waiver, But Market Impact Could Be Limited
The White House has issued a 60-day waiver of the Jones Act, which will allow foreign tankers to move crude oil and refined products between U.S. ports in a bid to cool gasoline prices. Today, we dive into what the waiver could mean for U.S. refiners, consumers, and other market participants.
- Analyst Insight
Jones Act Waiver Supports PADD 1 Propane Balance
On August 1, France-flagged vessel Champagny, delivered 313.2 Mbbl (~10 Mb/d) of propane from Energy Transfer's Marcus Hook terminal in Pennsylvania to the Sea-3 terminal in Rhode Island (RI). This is the sixth movement of propane under the Jones Act waiver issued March 17, and recently extended on August 10. It is notably the first instance of propane moving within the lower-48 states under the waiver, as all shipments until then had been destined for Puerto Rico.
