This work is focusing on the 2020 IMO sulphur regulation and its impact on the shipping industry and more particularly Fednav’s activity. The thesis report presents a holistic approach starting with IMO emission regulations including current and future. The thesis is then moving on to Fednav business characteristic followed by the possible solutions to successfully implement the 2020 IMO sulphur regulation and stay competitive. These solutions are shortlisted to LNG and scrubber as they are the only mature technologies already implemented in the industry. They are then analyzed using both a private and welfare cost & benefit analysis to evaluate LNF and scrubber systems economic feasibility from a business and society perspective. LNG is discarded based on low bunker availability worldwide in combination with Fednav’s fleet tramping sailing patterns. For the scrubber, the opened loop solution is selected as the one offering the best return on invest- ment. After the welfare cost & benefit analysis, all scrubber solutions are also discarded because of the low pH washwater dump in the ocean. The strategy for Fednav is to make sure Canada is strict on sulphur regulation, mitigate bunker sensibility risk as well as bunker quality risk.