Paradise Lagoon is located in the southern part of Espiritu Santo, the largest of the 83 volcanic islands that make up Vanuatu. The nation’s highest peak, Mount Tabwemasana (6,165 ft.) is located in the west-central part of the island. In 1606, a Spanish expedition led by Portuguese explorer Pedro Fernandes de Queirós, established a settlement at Paradise Bay. The island boasts an extensive WWII history with many ruins and relics. Allied forces used the island as a military supply and support base, naval harbour, and airfield, and after the war they dumped most of their equipment and at what is now known as 'Million Dollar Point'. Years later, this became an important tourism destination for keen wreck divers. Of particular interest is the wreck of the SS President Coolidge, a converted luxury liner that hit a mine and sank during the war. Local traditions and customs are still very much a part of everyday life, and the people make their living by subsistence farming and fishing, tourism, or cash-crop farming of copra, cacao, kava and peanuts.