Port Marlborough owns and operates the Picton ferry terminal for inter-island road and rail freight, and passenger ferry services across the Cook Strait; wharf facilities for cargo, fishing and cruise vessels; deep water bulk export cargo and storage facilities at Shakespeare Bay; recreatonal and commercial marinas at Picton, Waikawa and Havelock. Marlborough Airport, a wholly-owned subsidiary of Port Marlborough, operates a passenger and freight terminal at Woodbourne Airbase west of Blenheim.