Eastern Pacific Shipping has put its money where its mouth is on the benefits of a healthy lifestyle by backing a Singapore-based cycling team.
The Idan Ofer-controlled company has become the premier sponsor of Allied World Quantum Racing (AWQR), previously known as Allied World Racing.
Eastern Pacific chief executive Cyril Ducau, who is an avid cyclist himself, said the move reinforced “its culture of excellence, and the important role sport plays in leading an active and healthy lifestyle”.
A diversified shipping company, Eastern Pacific was one of the first owners to invest in LNG dual-fuel vessels as part of a commitment to reducing shipping’s carbon footprint. The organisation is also committed to the long-term physical and mental well-being of its 6,000-strong global workforce.
Eastern Pacific is part of the Quantum Pacific group of companies that Ofer controls. The Israeli shipowner also has a significant stake in Spanish top-flight football club Atletico de Madrid and is the main stakeholder in FC Familicao, a football team that competes in the highest division in Portugal.
Allied World Quantum Racing is one of the top cycling teams in the Lion City and is also co-sponsored by global insurance company Allied World Insurance.
Last year, Allied World Quantum Racing took first place at the OCBC Cycle National Championships Road Race (elite and seniors), first spot at the OCBC Cycle National Championships TTT (elite), first position at the OCBC Speedway Championships, and multiple wins across the Singapore road racing scene.
Allied World Quantum Racing is currently taking part in its first race of the 2023 season at the Tour de Phuket. Some other races that the team will be participating in include OCBC Speedway Championships, OCBC Cycle National Championships and the Tour de Bintan.
