It says the MV Northern Ranger remains out of commission because of problems with its gearbox.
First Minister Darryl Shiwak says the 30-year-old ship has been plagued with problems and has outlived its usefulness.
About 70 passengers were stranded aboard the ferry in Labrador last week after it was discovered that the vessel needed repairs.
The ship has a capacity of 131 passengers and operates a weekly service from Happy Valley-Goose Bay to a number of Labrador communities.
The Newfoundland and Labrador government says it is working with the ship's owner to find a replacement vessel.