Monad Shoal is an underwater plateau where thresher sharks and manta rays can regularly be sighted.Nowadays, the majority of islanders either directly or indirectly make a living out of tourism, which is developing rapidly.The lack of a pier for bigger boats – due to financial constraints – is keeping a brake on construction growth.The number-one dive site of Malapascua is Monad Shoal, a natural cleaning station for fish located 7.8 kilometres (4.8 mi) from the island (11°18′30″N 124°11′30″E / 11.30833°N 124.19167°E / 11.30833; 124.19167 – 30–35 minutes boat ride).[3] In June 2016 a ship ran aground on the shoal, damaging three hectares (7.4 acres) of the protected area.