Another NIWA oceanographer, Dr Mike Williams, said the runaway ice bergs were so deep they could catch the top of the mooring and drag or break them if the icebergs drift over the mooring.
"We won't know until we go back next summer whether it is still there. We could lose a whole year of data. If that happens it will leave a gap in our research and that's unfortunate," he said.
"However, it is a risk we have to take -- we could see the crack from satellite images but predicting when an ice shelf will calve is difficult. It could have happened any time in the next five years."
The Nansen Ice Shelf, which is about 50km long and 30km wide, is among the many ice shelves that line the perimeter of Antarctica and regularly calve icebergs.
A small crack in the shelf was first spotted in December, 2013, and earlier this year, Nasa scientists noticed it had grown rapidly and had almost spread across the entire width of the ice shelf.
The mooring was deployed about 70m below Terra Nova Bay in December from the ice breaker ship Aaron as part of a collaborative programme between New Zealand and Korea.
Dr Williams said it contained current meters, temperature data loggers and instruments for measuring salinity which, altogether, cost between $200,000 and $250,000.
"We'll be watching where the ice bergs go via satellite and if we get lucky, they may go in another direction and away from where our moorings are."
The mooring is part of New Zealand's contribution to the Southern Ocean Observing System, an international consortium to better observe changes in the Southern Ocean.
A similar mooring, installed by the US is also at risk. However, another NIWA mooring stationed to the south should be safe from these icebergs.
The Koreans have a weather station now situated on one of the icebergs.