Craig Gillespie is in talks to direct .
The pic is based on true events revolving around a rescue effort by the coast guard in 1952 to save the crews of two oil tankers after the two ships crashed into each other off the coast of New England.
Jim Whitaker is producing.
Pine is repped by CAA and John Carrabino Management and was last seen in Paramount's "Jack Ryan." Gillespie is repped by UTA and Management 360.
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