Point Nemo is located in the Pacific Ocean at the farthest point from any landmass on Earth. It is used for dumping old satellites, rocket parts and space stations that have finished their purpose.
The technical name for this stretch of water is The ocean point of inaccessibility as it is situated some 2,700 km away from any land. It is the likely destination for the International Space Station that is currently orbiting the Earth. With the reports of cracks in the space station, it is likely in the its final stages of life.