The Flying Dutchman's graveyard is a location that appears in several video games. However, only the ship appears in the series.
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.
A small island surrounded by goo. Sandy
battles the Flying Dutchman here.
In Revenge of the Flying Dutchman, while the music is usually different depending on what costume SpongeBob is wearing in most worlds, the music in the Graveyard will be the same theme regardless of what costume he is wearing. The same applies to Chum World.