Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Keeneland Capital, LLC
2. Date of Event Requiring Statement (Month/Day/Year)
08/13/2010
3. Issuer Name and Ticker or Trading Symbol
MARTIN MIDSTREAM PARTNERS LP [MMLP]
(Last)
(First)
(Middle)
201 S. COLLEGE STREET, SUITE 1440
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

CHARLOTTE, NC 28244
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Units 5,703,823 (1) (2)
I
By Martin Resource Management Corporation and its subsidiaries

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Subordinated Units 11/25/2011   (3) Common Units 889,444 (4) (5) $ 0 I By Martin Resource Management Corporation and its subsidiaries

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Keeneland Capital, LLC
201 S. COLLEGE STREET
SUITE 1440
CHARLOTTE, NC 28244
    X    

Signatures

Keeneland Capital, LLC, By: /s/ A. Wellford Tabor, Its Managing Member 08/23/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 5,703,823 outstanding Common Units owned by Martin Resource Management Corporation and its subsidiaries as reported in Issuer's Form 424(b)(5) Prospectus filed with the Securities and Exchange Commission (the "SEC") on August 12,2010. The reporting person is the managing member of KCM, LLC and owns an interest in KCM, LLC. KCM, LLC owns an interest in Martin Resource Management Corporation and has an option to purchase additional interests in Martin Resource Management Corporation, whereby, if KCM, LLC exercises this option, KCM, LLC may own over 50% of the shares of Martin Resource Management Corporation. As a result, the reporting person may be deemed to be the beneficial owner of the Common Units and the Subordinated Units owned by Martin Resource Management Corporation and its subsidiaries.
(2) (continued from Footnote 1) The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or any other purpose.
(3) The Subordinated Units do not have an expiration date.
(4) Includes 889,444 Subordinated Units that will automatically convert on a one-for-one basis into Common Units on November 25, 2011 and are owned by Martin Resource Management Corporation and its subsidiaries as reported in Issuer's Form 424(b)(5) Prospectus filed with the SEC on August 12, 2010. The reporting person is the managing member of KCM, LLC and owns an interest in KCM, LLC. KCM, LLC owns an interest in Martin Resource Management Corporation and has an option to purchase additional interests in Martin Resource Management Corporation, whereby, if KCM, LLC exercises this option, KCM, LLC may own over 50% of the shares of Martin Resource Management Corporation. As a result, the reporting person may be deemed to be the beneficial owner of the Common Units and the Subordinated Units owned by Martin Resource Management Corporation and its subsidiaries.
(5) (continued from Footnote 4) The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or any other purpose.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.