Tottenham Hotspur suffer crushing title blow with defeat at West Ham United

first_imgMay 5 Tottenham Hotspur’s exhilarating Premier League title surge came to a shuddering halt as they lost 1-0 at West Ham United on Friday to leave Chelsea needing six points from four games to be crowned champions.At the former London Olympic Stadium made famous by the likes of Mo Farah and Usain Bolt, a 10th successive league win for Tottenham would have put them one point behind Chelsea but they stumbled over one of their final hurdles.Manuel Lanzini’s scruffy 65th-minute goal sparked an East End party, and celebrations over in west London too, as West Ham guaranteed survival with only a second win in 12 games.Mauricio Pochettino’s Tottenham dominated possession for long periods but never reached the levels that had raised hopes of a first title since 1961.Chelsea can open up a seven-point lead with victory over relegation-threatened Middlesbrough on Monday and would then clinch the title before Tottenham play again if they win at West Bromwich Albion next Friday.”It is not over. It is true that it will be difficult… to catch Chelsea,” Pochettino told reporters. “Maybe we were a little desperate tonight after they scored.”Today was a key moment and one of those moments where if you are going to win a title you have to win.”Just over a year ago West Ham put a spoke in the wheel of Tottenham’s title challenge with a 1-0 win at Upton Park when victory would have put Spurs level with Leicester City.The Hammers, who have endured a mediocre season at their new home, raised their game again with a hard-working display.advertisementTottenham, for all their controlled passing, struggled to penetrate West Ham’s rearguard. Even when they did home keeper Adrian frustrated them with some fine saves.Twice he denied Harry Kane in the space of a few seconds midway through the first half and he also reacted well to keep out an Eric Dier header.Son Heung-Min went closest to breaking the deadlock for Tottenham in the second half but West Ham were always dangerous and Lanzini, wasteful with a first-half chance, delivered what could be knockout blow to Tottenham’s title hopes.On a rare foray forward West Ham’s Aaron Cresswell crossed from the right and with Tottenham’s defence dithering, the ball squirmed to Lanzini who smashed past Hugo Lloris.West Ham kept Tottenham at arm’s length once they went ahead and the final whistle sparked scenes of jubilation around the ground as the hosts moved up to ninth with 42 points.”Tonight was great in terms of character and determination but to beat a team like Spurs you need also quality,” West Ham manager Slaven Bilic, whose future has been under a cloud, told reporters.”We showed that in the second half and perhaps deserved to score another goal. Friday night, lights, 60,000 against them, you can’t beat that feeling.”last_img read more

VLGC Oversupply to Put More Pressure on Freight Rates

first_imgzoom High scheduled deliveries and low demolition prospects will drive unwanted fleet growth of very large gas carriers (VLGC) in 2017 putting additional pressure on freight rates, according to shipping consultancy Drewry.VLGC rates remain under pressure on account of ample vessel supply and weak arbitrage opportunities caused by low LPG fuel prices. With 64 additional ships due for delivery next year, fleet growth is expected to accelerate to 12% in 2017, further exacerbating the supply gut.Shipowners are hoping that a recent revival in VLGC demolitions might help keep fleet growth in check. Two vessels have been scrapped in recent months, the first such demolitions in this segment since 2011. Moreover, the recent Ballast Water Treatment System (BWTS) regulation which requires all vessels to have an in-built BWTS or retro-fit by September 2017 or on their next survey has provided further impetus to hopes of higher scrapping.However, Drewry believes that there is little scope for demolitions given the young age-profile of the fleet. There are just four ships in the current VLGC fleet over 30 years of age, and a further 13 of between 25 and 30 years.“Although the average scrapping age could fall sharply in a weak market, we do not expect this to happen in the current VLGC market as there are no signs of panic demolitions yet. Therefore, we believe excess vessel supply is here to stay, which will keep rates under pressure in the next year too,” Shresth Sarma, senior analyst for gas shipping at Drewry, said.last_img read more