Ice conditions have forced MV Lafferty staff to remain aboard the vessel, which is stranded approximately 200 meters from shore.
Greg Hanna, spokesperson for the department of Infrastructure, said the ferry lost power in one engine while being repositioned to dock for the winter season on Monday. No passengers are aboard.
Hanna said the department is in the process of securing a winch line to the vessel, but heavy snow and poor visibility has delayed the process.
He said the crew remain on board as it was determined to be the safest option and that they have heat, water, food and communication devices.