The concept of an ocean subseabed geological high-level waste repository with access via an ocean island is discussed. The technical advantages include, in addition to geologic waste isolation, geographical isolation, near-zero groundwater flow through the disposal site, and near-infinite ocean dilution as a backup in the event of a failure of the repository geological waste isolation system. The institutional advantages may include reduced siting problems and the potential of creating an international waste repository. Establishment of a repository accepting wastes from many countries would allow cost sharing, aid international nonproliferation goals, and ensure proper disposal of spent fuel from developing countries. Major uncertainties that are identified in this concept are the uncertainties in rock conditions at waste disposal depths, costs, and ill-defined institutional issues.