Hmmm, the Ultegra crank is a newer vintage and replaced something else. The front derailleur is a Dura-Ace Triple (weird, but should still work with a double). Problem is there is not enough travel in the derailleur to get on the big ring. So I'm thinking the offset on the BB is wrong (crank out too far, looks OK visually) or the crank is not compatible with the drivetrain. Maybe it originally had a triple and the BB was spec'd for that? Sooo many drivetrain component variations these days