Efforts to tow it have failed, but another attempt will be made on Monday.
If it fails, the ship will strike France`s Atlantic coast between Monday night and Tuesday morning.
Bad weather hindered rescue efforts on Sunday, two days after a tow line to the 164-metre (538ft) vessel was broken in rough seas.
The ship, which is carrying 3,600 tonnes of timber and digging machines, is now listing at an angle of between 40 and 50 degrees.
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