Floating Junk Pikes are a type of loot structure that spawn near the coast, on the water.
Approaching[]
A floating junkpile with barrels
Floating Junk Piles generally spawn within viewing distance from the shore. They can be visited by simply swimming out to them, although it's not recommended, because it's a very slow method. Using a Boat or an RHIB is more advisable, since it's a more efficient travel method on water.
Loot[]
A floating junkpile with barrels and a crate
Floating Junk Piles typically have several Barrels on top of it. Some rafts also support Loot Crates and/or Tool Boxes. Once all the loot has been taken the Floating Junk Pile will begin to sink. After sinking to a certain depth they simply disappear. Floating Junk Piles cannot be moved.
Floating Junk Piles are typically safer to loot since you can see other players coming from quite a distance. However, beware of hostile players in boats as they can approach quite fast.