The medical charity Mercy Ships is aiming to beat a fundraising record of $1.3m when the shipping industry donates part of its cargo commissions at an annual event next month.

Cargo Day has raised almost $5m in six years from charterers, shipowners and brokers taking part in the charitable day, this year set for 9 November.

New fundraising committees are being set up in London and Rotterdam to join Geneva, Houston and Singapore and spark competition between rival shipbroking centres.