Preheat oven to 350°F. Lightly grease two 9×5-inch loaf pans.
In a large mixing bowl, combine sugar, oil and eggs. Beat until smooth.
Add water and mix until well combined.
Stir in pumpkin puree, ginger, cinnamon, nutmeg, cloves and allspice.
In a separate bowl, whisk together flour, baking soda, salt and baking powder.
Gradually add the dry ingredients to the pumpkin mixture. Mix just until combined.
Divide batter evenly between the prepared loaf pans.
Bake for approximately 60 minutes, or until a toothpick inserted into the center comes out clean.
Allow bread to cool in the pans for 10–15 minutes before transferring to a wire rack.
Cool, slice and enjoy!