HMCS Fraser is en route to a scrap yard in Lake Erie, Ontario.
The president of the Artificial Reef Society, Rick Welsford, says there is only one thing that could save the vessel from being scrapped.
"Only time. The tow from Halifax through the St. Lawrence Seaway, through Lake Ontario into lake Erie is going to take them twelve or fourteen days. So we at least we have (that time) to try and come to sort of satisfactory resolution on this with the Department of National Defence, "says Welsford.
A federal court has quashed an arrest warrant slapped on the former Canadian Navy destroyer, which means the de-commissioned vessel that called Bridgewater home for a decade can be scrapped.
The vessel was resold to the Department of Defence in 2009 after years of sitting dockside in Bridgewater.
Welsford says his organization will continue to fight,
"There are alot of negotiations going behind the scenes and I would suggest that you'll see both parties back in court, shortly," says Welsford.
Welsford says the scrapping contract will cost taxpayers 2.6 million dollars and an additional 700 thousand for towing it away.