The Great Blue Hole in Ambergris caye

Blue hole 

The Great Blue Hole, located near Ambergris Caye, Belize

A blue hole is a cave  or underwater sinkhole. They are also called vertical caves. There are many different blue holes located around the world, typically in low-lying coastal regions. The best known examples can be found in Belize, the Bahamas,Guam, Australia (in the Great Barrier Reef), and Egypt (in the Red Sea).

Blue holes are roughly circular, steep-walled depressions, and so named for the dramatic contrast between the dark blue, deep waters of their depths and the lighter blue of the shallows around them. Their water circulation is poor, and they are commonly anoxic below a certain depth; this environment is unfavorable for most sea life, but nonetheless can support large numbers of bacteria. The deep blue color is caused by the high transparency of water and bright white carbonate sand. Blue light is the most enduring part of the spectrum; other parts of the spectrum—red, yellow, and finally green—are absorbed during their path through water, blue light manages to reach the white sand and return back upon reflection.

The deepest blue hole in the world—at 202 metres (663 ft)—is Dean's Blue Hole, located in a bay west of Clarence Town on Long Island, Bahamas. Other blue holes are about half that depth at around 100–120 metres (330–390 ft). The diameter of the top entrance ranges typically from 25–35 metres (82–115 ft) (Dean's Blue Hole) to 300 metres (980 ft) (Great Blue Hole in Belize).

Formation 

Blue holes formed during past ice ages, when sea level was as much as 100–120 metres (330–390 ft) lower than at present. At those times, these formations were targets of the same erosion from rain and chemical weathering common in all limestone-rich terrains; this ended once they were submerged at the end of the ice age.

Most blue holes contain freshwater and saltwater. The halocline is the point in these blue holes where the freshwater meets the saltwater and where a corrosive reaction takes place that eats away at the rock. Over time this can create side passages, or horizontal "arms", that extend from the vertical cave. These side passages can be quite long; e.g., over 600 metres (2,000 ft) in the case of the Sawmill Sink in the Bahamas.