The graveyard has many gravestones and shipwrecks, including many ships stacked in a pile. There are also many islands surrounded by green goo falling out of a ship's porthole window. Shutting the window will reveal more islands which were originally underwater. The graveyard is also a race track Seymour Scales used to teach SpongeBob in the DS version of SpongeBob's Boating Bash.
The entrance area of the graveyard has a river of goo in it and several wrecked ships.
Graveyard of Ships
A large area of broken and wrecked ships stacked on top of each other.