The aquarium is the property of Coral World International. The aquarium is 500 m (1,600 ft) from Playa de Palma beach, and includes 55 tanks which are home to over 700 different species from the Mediterranean Sea and the Indian, Atlantic and Pacific Oceans. One tank, "Big Blue" is 8.5 m (28 ft) deep, the deepest shark tank in Europe,[1] and it also contains the largest collection of live coral in Europe[1] The park was awarded "Best Business Initiative in the Balearics 2007",[2] awarded by Actualidad Económica magazine, and was awarded the "2007 Accessibility Prize" by the Consell de Mallorca.[2]