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The Commodore Goodwill was due to deliver Guernsey's freight over night after being cleared to re-enter service.
The freight ferry had been held at Jersey's harbour since a collision with a fishing boat on Thursday morning.
Three men remain missing after their boat - L'ecume II - sank in the aftermath of the collision.
Pictured: Michael Michieli was the skipper on L'ecume II which sank after a collision with the Commodore Goodwill.
John Napton, Condor Ferries’ CEO, said the Goodwill has been inspected and is allowed to resume sailings. He also confirmed the ferry firm is working closely with the authorities investigating the incident to ascertain what happened.
"Following completion of a dive inspection and other checks in Jersey on Friday, Commodore Goodwill has been cleared to re-enter service," he said.
"The ship positioned to Portsmouth (Saturday) and will resume sailings to the Islands on Sunday evening, 11 December.
"Condor continues to work closely with all authorities following the tragic incident last Thursday."
Pictured: Larry Simyunn and Jervis Ramirez Baligat were working on L'ecume II when she sank.
Larry Simyunn and Jervis Ramirez Baligat had been working alongside skipper Michael Michieli on L’Ecume II, when she collided with the Commodore Goodwill in St. Ouen’s Bay around 05:30 on Thursday morning.
Despite extensive searches of the area involving Jersey, Guernsey and French authorities, as well as the local fishing community, none of the three have been found.
Underwater searches have been ongoing throughout the weekend.
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