The fall of bulker owner Today Makes Tomorrow (TMT) is an old story now but its reasons remain in the news. Bad timing, malevolent financiers and shipbrokers, unorthodox strategic decisions, and even eccentric ship design have all come in for some of the blame.

Now the unseen world is also being invoked.

Shipping industry sources in Taipei with insight into the arcana of feng shui attribute the TMT debacle to the inauspicious design of the two-floor penthouse apartment of former TMT chairman Nobu Su, or Su Xinji.