The log carrier that lost engine power while navigating the entrance to Tauranga Harbour on Monday morning, remains at safe anchorage outside the harbour.

Maritime NZ Deputy Director Safety and Response Systems, Nigel Clifford, says it's hoped divers can inspect Funing-9690913 this morning, weather permitting.

"Poor weather and sea conditions prevented that inspection being done ton Monday.

"After the inspection, a decision will be made about the need for any repairs and when the vessel can safely continue its voyage to China."

Funing suffered an engine failure while leaving the port at 12.30am on Monday.

Without power it could not steer and in drifting due to the wind and the tides, it snagged the chains holding one of the buoys marking the shipping channel.

The tide and currents then pushed it to the other side of the channel, where it stopped near Mauao.

Tugs were sent to the vessel's assistance and were able to tow it to deeper water and the safe anchorage.

"There are no reports or oil or other pollution from the vessel nor of any injuries to its 20 crew," says Nigel.

An investigation into the matter has been launched by the Transport Accident Investigation Commission.