to just seven ships. Another 14 ships remained under the control of the US under the US shipping board until 1946. 9 Oct. 1945: The "Collaborationist Acts", (in Danish: Værnemagerlovene) III and IV are passed by the Danish Folketing. They demand that profits earned by companies dealing with Germany during the occupation and judged to be excessive, be paid back to the state. Riffelsyndikatet, and other A. P Møller-owned shipping and industrial companies such as the still extant Odense Steel Shipyard and the Bukh Motor Works are fined a total of approximately 10 million Danish kroner (the equivalent of about 150 million in 2004) 1947-48: A shipbuilding program is started. New vessels are ordered at yards in Denmark, Sweden, Germany, Italy, the Netherlands, Belgium, and Japan. Mærsk also takes over several US war-built ships of the U.S. Liberty and C-1 class and German-designed "Hansa A" and "Hansa B" class. 1953: Chastine Mærsk becomes the first of 13 motor ships in a new fast cargo ship class. The Mærsk fleet now has the same size as it had before World War II. 1954: The turbine tanker Regina Mærsk is launched, setting a new size-record for the Odense Yard. It is also the first Mærsk vessel with a blue-painted hull. 1956: The S.S. Hans Mærsk (built 1916) is sold after 40 years of service in the Mærsk fleet. 1959: The newly constructed Odense Lindø Yard, located in Munkebo around 10 km away from the old yard, opens. It has two large building docks and begins with laying the keel for two 50,000 tdw tankers. 1961: The first ships built at Lindø are five 50,000 tdw turbine tankers produced for Standard Oil of California and three for the Mærsk Line. Until 1977, the Yard mostly produced 100,000 tdw tankers. From 1968, 200,000 and 250,000 tdw tankers are produced, from 1971 280,000 tdw tankers, and ultimately 330,000 tdw tankers are produced as well. 1962: The Danish government grants A.P. Møller a license to search for oil in the Danish part of the North Sea. At the time, almost nobody expects any oil to be found. A new oil company, Mærsk Olie og Gas A/S, is later founded. 1962 - 1963: Three ships of the Trein Mærsk-class enters service. At the time, they were the company's largest cargo liners. 1964: Dansk Supermarked A/S is founded. 1965: A.P. Møller's Odense Yard produces its first product tankers