Mfame: MLEP Launches Its Second Chemical Tanker Tranche

In coverage of Easterly Asset Management’s Maritime Logistics Equity Partners (MLEP) announcement of a second round of funding to purchase chemical tankers, Mfame quoted MLEP CEO Darrell Crate as saying, “We now know that the dislocation and subsequent investment opportunity is greater than we first thought, and not just in the stainless steel sub-sector, but also more broadly in other sized chemical tankers as well. A tight shipping supply, combined with increased global chemical production, is a powerful tailwind for existing vessels.” Read more.