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PSP to sponsor Clipper Race yacht

UK-based logistics provider PSP has agreed to sponsor a yacht in the Clipper 2013-14 Round the World Yacht Race.

The 70-foot yacht will be known as PSP Logistics under the terms of the deal.

PSP is already the official logistics supplier for the Clipper 13-14 event, and the new naming rights deal for the yacht will strengthen its presence throughout the course of the race. The firm also handled the logistics for the previous two Clipper Race events.

In addition to its official partnership with the Clipper 13-14 race, the leg from San Francisco to Panama will be called the “PSP Logistics Challenge”, with the winning team being awarded the PSP Logistics trophy.

Frank Dixie, managing director of PSP, said: “We’ve admired the Clipper Race for years and relished every minute of being official logistics partner. Now we’re even more involved in the race as a team sponsor, which is an amazing opportunity to build our profile on a global platform, while supporting something very important to us.”