Finally, it looks like James Cameron – who hasn’t directed a picture since “Titanic” – has decided on a new movie project. According to Variety, Cameron will helm a film at 20th Century Fox about the love story between freediver Francisco "Pipin" Ferreras and wife Audrey Mestre. After learning the extreme sport of freediving under the tutelage of her Cuban-born husband and breaking his record, Mestre died last year as she tried to better her world mark of descending 557.7 feet while holding a single breath of air in her lungs. Cameron will likely hire a writer while he helms a scripted feature on an undisclosed topic he plans to shoot using the 3-D technology he employed for Ghosts of the Abyss. The director will film the upcoming October 12 attempt by Ferreras to match his wife’s world record in Cabo San Lucas, the site where the Cuban diver first met the French-born aspiring marine biologist and taught her to dive.