The Grenaa Star hit the pier before beaching at Little Haven, South Shields, early on Tuesday morning.
Working at low tide on Friday, salvage experts from Tyne & Wear Marine and the Port of Tyne made the hull waterproof enough for the vessel to be pumped out.
Two work boats then towed it to a south Tyneside shipyard, where its fate will be decided by the insurers.
The boat’s captain suffered a head injury when it struck the pier.
Following treatment, he was arrested by Police on suspicion of being a master, pilot or seaman unfit through drink and bailed.