James Cameron is obsessed with the ocean

From Darkhorizons, "Aliens" and "Titanic" helmer James Cameron has set Laeta Kalogridis ("Alexander", "Pathfinder"), who is co-writing "Battle Angel" with him, to write "The Dive," the true, tragic love story of freediver Francisco "Pipin" Ferraras and his wife Audrey Mestre reports Variety.

He plans to direct the film for 20th Century Fox and Lightstorm Entertainment, although "The Dive" won't be the next directing effort for Cameron. That film is a 3-D project entitled "Project 880" which many speculate is either of his long-awaited "Avatar" or "Battle Angel" project.

"Dive," which would begin after that project, will tell the story of two pre-eminent free-divers who, with but a breath of air in their lungs, plunged to unimaginable depths before swimming back to the surface. She died during an attempt to better her world record to 557.7 feet.

From Aintitcoolnews, "James Cameron has announced a project he will do! But only sometime after Project 880. This project is called THE DIVE and is another tragic love story set around a true story and the ocean.
Cameron has brought on BATTLE ANGEL screenwriter Laeta Kalogridis to script the story about freedivers Francisco "Pipin" Ferraras and his wife Audrey Mestre, who hold world records for diving over 500 feet with only the air in their lungs.
20th Century Fox will put up the dough and Cameron will direct... sometime after 880. This is probably one of the 5 feature projects he told me he was teeing up. This is the less geeky cool of the projects known, but still... I love the way the man handles romance in his films... From TERMINATOR to TRUE LIES to TITANIC and (my personal favorite romance) THE ABYSS. Don't worry, we'll get our geeky cool projects... and probably before he tackles the love story."