The movie is about the sinking of the steamer "Taiping" in 1949 where over 1,500 passengers and crew died.
It will be divided into 2 parts and the first one is expected to be released in China on December 2, 2014. The 2d part is planned for the May 2015.
Takeshi Kaneshiro will be playing together with Nagasawa Masami.
So far it is not known if John Wu would make the American theatres release, just like he did with the Red Cliff.