The development of large-scale shipping to compete with other ports in Central and South America ran into several obstacles during the 20th century. Economies of scale, high port handling charges, and a reluctance by Caribbean governments to privatise ports put Caribbean shipping at a disadvantage. Many locations in the Caribbean are suitable for the construction of deepwater ports for commercial ship container traffic, or to accommodate large cruise ships. The deepwater port at Bridgetown, Barbados, was completed by British investors in 1961. A more recent deepwater port project was completed by Hong Kong investors in Grand Bahama in the Bahamas.