The SS Penguin was a prominent inter-island ferry that operated in New Zealand, regularly traveling between the North and South Islands. On this fateful day, the ship was en route to Wellington from Lyttelton, carrying passengers and cargo when it encountered adverse weather conditions, particularly thick fog. As the captain attempted to navigate safely into Wellington Harbour, the ferry struck a reef known as the 'Bar' near the entrance of the harbor. This collision led to a catastrophic series of events, with the vessel rapidly taking on water. Tragically, as the crew and passengers attempted to abandon ship, a fire broke out, igniting an explosion that exacerbated the chaos and loss of life.

In total, more than 70 people lost their lives in this maritime disaster, comprising both crew members and passengers. The rescue efforts were complicated due to the poor visibility and treacherous conditions. Local boats and nearby ships rallied to assist, but the first responders were unable to save many of those trapped in the wreckage or engulfed in flames. This tragic event prompted significant changes to maritime safety regulations in New Zealand, highlighting the need for improved navigational aids and better emergency preparedness for ferry services.

The aftermath of the sinking of the SS Penguin cast a long shadow over maritime operations in Wellington. Investigations prompted a thorough examination of the ship's safety protocols and navigation practices, and it ultimately led to increased scrutiny of the operational standards of ferry services in New Zealand. The local community mourned the loss of life, and memorial services were held in remembrance of those who perished. This incident underscored the dangers of maritime travel during inclement weather and emphasized the need for enhanced maritime education and safety.