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Laying between Tortola and Norman Island, is Peter Island. Like Norman Island, Peter has several anchorages for varying interests. Deadman's Bay on the North Side and White Bay to the South offer two of the prettiest palm fringed beached in the islands. Great Harbor is a calm secluded anchorage which is ideal for water sports. The prestigious Peter Island Yacht Club is located between Great Harbor and Deadman's Bay.

Deadman's Bay looks out on a small island, Dead Chest. Teach, the pirate also called Blackbeard, evidently marooned some of his men on Dead Chest to teach them discipline or survival. They were given only a single cutlass and a bottle of rum. Legend has it that this is the origin of the song "Yo Ho Ho and a Bottle of Rum." Legend also has it that the fifteen men killed each other.