LCT 7074 is set to be restored in time for the end of the 75th anniversary year of the D-Day landings, thanks to a grant from the National Lottery of £4.7million. The aim is for her to be open to the public by early 2020.
She is the only known World War II tank-landing craft left in the UK and is believed to be one of only ten left in the world.
All of these craft were lightly constructed on the cheap, so it is amazing that she has lasted this long. After the war, she was renamed Landfall and became the HQ of the Liverpool Master Mariner's Club. She was bought by the Warship Preservation Trust in 2006 and, after that failed, was owned by Compass Catering and used as a nightclub, during which period she sank.
LCT 7074 will be taken apart and reassembled as part of the D-Day display at Southsea under the guidance of expert conservators, together with a team of 40 volunteers and two apprentices.
Nick Hewitt, of the National Maritime Museum of the Royal Navy, said: 'This puts LCT 7074 at Portsmouth's heart, engaging a potential 4.5million annual users of Southsea Common with the story of the ship and her people."