Possible new Project for Cate!

Baltasar Kormakur is in negotiations to direct Cascade, a disaster thriller at 20th Century Fox that Cate Blanchett is circling.

Ridley Scott, Steve Zaillian, Garrett Basch and Michael Schaefer are producing the project, which will be a loose remake of 2003 BBC pseudo-documentary The Day Britain Stopped. Kieran Fitzgerald wrote the screenplay.

Cascade is set after an oil tanker collision in the Persian Gulf sets off an international crisis. Blanchett would play the tanker’s captain, who must find a way to prove that she did not commit a terrorist act.

The Imitation Game helmer Morten Tyldum was loosely attached in the summer, but talks never got off the ground.

Kormakur is the Icelandic director behind the Mark Wahlberg action thriller Contraband and the Wahlberg-Denzel Washington actioner 2 Guns.

He is currently in post on Everest, a true-life drama centering on an ill-fated climbing expedition whose all-star cast includes Jake Gyllenhaal, Josh Brolin and Kiera Knightley, among others.

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