[7] At the time, the trucking and ferry companies owned by the Barker family were estimated to employ around 750 people.
On 29 March 2018 Strait Shipping Limited was renamed StraitNZ,[9] with passenger services continuing to operate under the Bluebridge brand.
In December 2021, the StraitNZ Group was sold by Champ Private Equity and Macquarie to Morgan Stanley Infrastructure Partners, for a reported sale price of NZ$500 million.
[4] In 2020, following two years of discussion with stakeholders, Greater Wellington Regional Council announced that it had chosen Kaiwharawhara as its preferred site for a new ferry terminal.
The plan includes a wharf about 250 m (820 ft) long, a ferry terminal building, changes to road, rail and pedestrian access, and marshalling and loading areas.
In December 2023, the new Finance Minister, Nicola Willis, declined extra funding to KiwiRail for its proposed new ferries and terminal infrastructure, and as of January 2024 the project is stalled while the parties involved consider their options.