The future of the Newport Medieval Ship is in doubt because the council needs to make cuts in order to balance its books. Volunteers have dedicated more than 10 years to saving the ship.
It was discovered on the riverfront area of the city and 17,000 timbers had to be excavated and moved.
Our Correspondent Richard Morgan reports.
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After a cloudy start, there'll be some bright or sunny spells developing throughout the day. It'll feel warmer than yesterday.
Prime Minister Theresa May announced the decision from Downing Street.
A fairly cloudy night to come with hill and coastal fog lingering in places. This could be thick enough for the odd spot of drizzle.