The Fredriksen group is to install scrubbers on bulkers in its massive newbuilding programme.

Marius Hermansen, director at Fredriksen company Seatankers, confirmed the move.

The cost of installing scrubbers is expected to be between $2m and $5m per vessel.

Hermansen said it is likely that the group will also put scrubbers on its tankers, although nothing has yet been decided.