More than 150 leading shipping, finance, energy and logistics companies have called on governments to raise their decarbonisation targets for shipping ahead of the upcoming United Nations Climate Change Conference (COP26).

The companies are calling for a "clear and equitable plan" for decarbonisation to be drawn up when the International Maritime Organization revises its targets in 2023.

The group also wants to see the adoption of market-based measures by 2025 and zero-emission ships to be the default choice by 2030.