The famous clipper ship Cutty Sark was recently rehabilitated by Grimshaw Architects, who also built an exhibition hall around the vessel. The project, which opened in April, has just received the dubious distinction of winning Building Design’s 2012 Carbuncle (a.k.a. “ugliest building”) Cup award. Parked in Greenwich, England and categorized as a World Heritage site, the ship now floats on a blue glass base intended to suggest water. But the resulting effect is more bateau-en-gelée, prompting BD executive editor Ellis Woodman to write that the project had “the best of intentions and yet has tragically succeeded in defiling the very thing it set out to save.”