Efforts to board the grounded trawler off Cuan an Daingin have been called off for the day because of tricky sea conditions.
The decision will be re-visited tomorrow.
The 350-tonne French registered vessel was driven on to rocks near Binn Bán lighthouse early yesterday afternoon. Fourteen fishermen were airlifted off the stricken vessel by helicopter.
It had been hoped that salvage contractors would be able to board the stranded trawler today to assess the pollution risk and the full extent of damage to the French registered vessel but a heavy swell has meant access is too treacherous.
Salvage contractors and pollution experts have been on site since first light assessing the situation.
The 27-metre trawler appears to be intact but may have had its hull penetrated as there are visible signs of damage on her port side.
There are concerns over a risk of pollution as the vessel may have been carrying an estimated 40,000 litres of fuel when she was driven aground.
Attempts will be made to empty the vessel of fuel before any attempt will be made to remove the trawler from the rocks.
The situation is being monitored by the Irish Coast Guard and Department of the Marine officials.
A salvage tug was brought from Castletownbere to assist in any removal operation.
Salvage experts have so far been unable to board the trawler due to rough sea conditions.
Today's operation is being overseen by members of Glenderry and Dingle coast guard units, while a drone unit and helicopter will also assist.
Representatives of the Harbour Master's Office will also be present, as will Valentia Coast Guard Divisional Controller, John Draper.
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Speaking on RTÉ's Morning Ireland, Mr Draper said the situation is currently being assessed by a pollution salvage contractor.
"They're assessing that this morning, so that we will know this morning what the next actions are in response to the fishing vessel on the shore," he said.
Mr Draper praised the actions of the winch crew, who got 14 crew members on board the trawler to safety after it ran aground.
"It was quite challenging for the winchman that was on the deck and the crew in the helicopter to maintain the stability over the fishing vessel," he said.
"The winch crew would have taken about 20 minutes, which was really exceptional to get all 14 crew members winched.
"That was extremely impressive. It's certainly a testament to the skill and the professionalism of the crew and the helicopter at the time."
