We will endeavor, will analyze the process to develop an environmental management plan. The purpose of this assignment is to discuss the role of environmental management in a shipping Company and how all relevant regulations could be effective through the implementation of this system. More specifically, we will define and describe international regulations, standards defined from Flag Administrations and or Port States, Coastal States and relevant laws that are in force reference to the protection of the environment in shipping. Therefore, a dedicated Environmental Management System plan will be presented in detail. In conclusion, the effectiveness, performance and the benefits of adapting and follow an Environmental Management System in a shipping Company will be explicated.