The Newport Ship was saved 10 years ago when Newport City Council made the decision to preserve it.
The project is continuing as planned and the ship’s timbers are currently being conserved. This is a long process that will continue until October 2014.
Work is also continuing to give us the best possible idea of what the ship looked like.
It remains the council's ambition to display the reassembled ship in Newport, however, this requires a large scale project to deliver this and the council does not have the funds to be able to afford this or achieve it working alone.
The council believes it will require a partnership approach working with national institutions including Welsh Government.
Newport's Medieval Ship is facing an uncertain future after Newport City Council suggested that it might be disposed of or handed on to another organisation.
A team of volunteers has dedicated more than ten years to preserving the ship, which was uncovered by building work in 2002.
Newport City Council is planning to cut the budget allocated to the project by £290,000 between the years 2013/14 and 2015/16. It says it does not have the funds to reassemble and put the ship on display.