Condor's Commodore Clipper is out of service after divers found that she had been damaged by debris.
It's yet another set back for Condor, after the Goodwill was damaged whilst in dry dock in Spain.
The ferry firm will put on extra high speed sailings between Guernsey, Jersey and Poole to off-set the back log.
John Napton, Condor's CEO, says the situation was frustrating but they are working hard to minimise disruption.
"This is clearly unfortunate, however, we will do everything possible to limit the impact of this unexpected situation and recognise the inconvenience this may cause.
Over the next few days, we will be proactively contacting passengers booked to travel on Clipper and transferring them to alternative sailings and our freight teams will be busy with customers."
The island's freight will be picked up by the Goodwill and the MV Midas, which was brought in last month while the Goodwill was out of service.
The Clipper is expected to be back in service by next Sunday (20 November).
Plans to charge wealthiest patients for medical travel
Railway Walk reopens 'several weeks' ahead of schedule
New bar opening at former Rojo and X site to evolve Jersey's nightlife
Former Chief Minister seeks re-election
Château Vermont to become home to new music campus
St Saviour break and entry suspect pictured posing on motorbike
'Overstretched' neurology department following under-experienced managers
Channel Islanders asked to report injured or dead seabirds
