Japan’s Kumiai Senpaku is said to be stepping up its presence in the asphalt and bitumen tanker market with a deal for a trio of newbuildings.

Market sources said Kumiai has contracted state-owned Chengxi Shipyard to build three 17,500-dwt tankers.

Kumiai’s president Nobutaka Mukae confirmed the newbuildings booked at Chengxi and said the vessels were ordered some time ago.