Imeh Akpanudosen/Getty Images
Samantha Highfill
January 28, 2015 AT 06:14 PM EST

Warner Bros. and Team Downey are working on a film adaptation of the USS Indianapolis shark-attack story, known by many as the story Robert Shaw tells in the 1975 film Jaws. The project is not yet titled, but a source has confirmed that The Help and Get on Up director Tate Taylor is set to direct the film, with Mike Jones on to write the script. Deadline first reported the news.

In 1945, the USS Indianapolis was sunk by torpedoes on its return from delivering the Hiroshima bomb. After the ship went down, the crew floated for five days, becoming ideal targets for the sharks in the water. This year marks the 70th anniversary of the naval disaster.

Watch Robert Shaw’s speech below:

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