Ship Rock lies to the North-East of Shark Gulley. The reef is in a "V" shape. Where the two gullies meet, the rock formation resembles the bow of a ship. Small drop-offs and crevices makes for an interesting dive.
Large colonies of Choir Boys can be seen. Plenty of sponges and sea fans add colour to the reef. Two-tone finger fins, Red fingers and Koesters are among the fish that can be found at this site