Reed added the three survivors rescued earlier Monday were doing relatively well for having spent more than 30 hours inside the upturned vessel.
The Golden Ray freighter rolled over and caught fire off the Atlantic coast of the USA state of Georgia.
The Golden Ray, which was carrying thousands of vehicles, overturned early on Sunday morning after leaving the port of Brunswick.
"I believe that even the US Coast Guard didn't suppose (the rescue operations) would make progress this fast".
In this image released by the U.S. Coast Guard, a helicopter hovers over the overturned Golden Ray cargo vessel in St. Simons Sound, Ga., on Monday.
John Reed said a critical moment in the rescue was when his team started hearing tap backs from the crew members who knew to get to the hull where they could be heard.
By late Sunday morning, 20 people had been rescued from the ship, which had a crew of 24, the Coast Guard said.
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The ship channel is now closed to vessel traffic, with a safety zone of 1km around the Golden Ray in the sound.
The cause of the capsizing remained under investigation.
"At one point they had to fill ziplock sandwich bags full of ice and put them in every pocket of the team that went in, to cool their body temperatures as they climbed and worked", Ferris said.
He says the initial rescue team has faced a language barrier in communicating with the South Korean crew members.
Officials had earlier said noises were heard coming from inside The Golden Ray where the four crew were unaccounted for after the vessel overturned and caught fire on Sunday. A marine tracking site shows the Golden Ray overturned as it was passed by another vehicle carrier that was entering St. Simons Sound.
Speaking about the four crew members, Coast Guard Lt. j.g.
Position records show the ship arrived in Brunswick Saturday evening from Jacksonville, Fla. Petty Officer 3rd Class Ryan Dickinson said it isn't clear if weather conditions caused the ship to lurch.
They were rescued around 4 and 5 a.m., VanderWeit said.
The MV Golden Ray is owned by Hyundai Glovis, the logistics arm of the South Korean auto Hyundai, but flies the flag of the Marshall Islands.
Georgia's Department of Economic Development says the Port of Brunswick is the No. 1 port in the United States for automobile imports.
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