Boat at Peaceful shot overlooking Dolphin Bay in Bocas del Toro, Panama. Tropical Rain Forest in Bocas del Toro, Panama. Dolphin Bay. Known locally as Laguna Bocatorito, Dolphin Bay is located between the east side of Cristóbal Island and an irregularly shaped peninsula from the mainland. It’s about 6 miles (10 km) from Colón Island, which takes about 15–20 minutes by boat. At its widest point the bay is 4 miles (6 km). The bay has calm waters and is surrounded by mangroves, which draw an abundance of small fish and crustaceans into the water—this makes it a perfect habitat for dolphins (defines), especially mothers and calves. The best time of year to see dolphins is June and July, when rough sees make the calm water of the bay especially appealing. The dolphins are usually spotted in pairs or in pods of five or six. Most boat tours in Bocas del Toro will include a visit to Dolphin Bay. There is a good chance of spotting dolphins, but even if you don’t, it’s still a scenic area.