The stability of tax rules is of vital importance to the UK shipping sector, therefore it is encouraging that the UK government continued to provide a stable regime in its Autumn Budget 2017.

In June this year a piece of malicious software (malware) surfaced in the Ukraine soon began to spread across the world. The malware was a strain of Ransomware which encrypts data before demanding a ransom to be paid in Bitcoin, an internet based digital currency. Maersk was one of the companies that used this accounting software.