In 1906, after being passed to Pietro Barbaro, grandson of Marcello, the company changed its name to "Barbaro Capitano Pietro & Figli", later shortened to the current "Pietro Barbaro" [REF].
In 1970 the brothers Alfredo and Giovanni Barbaro, great grandchildren of Pietro, transformed the company into a joint-stock company, which manages of a group of businesses working in ship transport, inland navigation, and in the tourism sector.