The company also said its Australian business had sufficient working capital to continue meeting its contractual obligations. As Big Rigs previously reported, Salea Advisory’s Jessica Perri, Anthony Elkerton and Sule Arnautovic were appointed joint and several administrators of ACFS Port Logistics, ACFS Investments 1 and TZI 1 on August 6. BDO’s Andrew Sallway and Duncan Clubb were appointed receivers and managers of ACFS Port Logistics and ACFS Investments 1. ACFS said the administration would run for at least five weeks and could take longer depending on the circumstances. The company has also reiterated that its New Zealand operation is a separate trading entity and is not subject to the Australian administration.