After years of relentless
decline in the Baltic Dry index.. ... today the largest casualty finally
emerged on Wednesday when South Korea's Hanjin Shipping, the country's largest
shipping firm and the world's seventh-biggest container carrier, filed for
court receivership after losing the support of its banks, leaving its assets
frozen as ports from China to Spain denied access to its vessels. South Korea's
biggest shipping firm, announced the filing for receivership and a request to
the court to freeze its assets, which the Seoul Central District Court planned
to grant, a judge told Reuters. Aug. 31
The news of the bankruptcy comes at the solar eclipse of
Sept.1. A chart for the eclipse at Seoul is shown here. This New Moon is
conjunct the star Suhail Velorum of Argo Navis, the Celestial Ship. It forms a
T-square with Mars-Saturn and Neptune that straddles the meridian at Seoul.
Here Neptune is the ruler of the 2nd house linked to finance while
Mars rules the 9th house that oversees shipping.
Saturn-Neptune: Undermining circumstances
leading to a state of illness. With Mars, a lack of energy. The Combination of Stellar Influences
Mars and Saturn are the traditional malefics
of astrology, the lesser and greater malefics, respectively. They are together
and predominant in charts of “losers”—from losers of health to losers of social
approval to losers of money. http://www.angelfire.com/sd/binah/financialloss.html
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