the rear hub will have a 52mm chainline, the b/b gives a 63.5.
If that's true, the problem is easily fixed by flipping the ring to the inside position on the cranks. Still won't be spot on, but it will be 7-8mm closer. I doubt that either of your numbers is correct (42 & 53 would be more likely), unless you have a very different idea of what constitutes chain line than normal people do, but looking at the pix it seems that this simple adjustment will get things near enough to be ridable.
If that's true, the problem is easily fixed by flipping the ring to the inside position on the cranks. Still won't be spot on, but it will be 7-8mm closer. I doubt that either of your numbers is correct (42 & 53 would be more likely), unless you have a very different idea of what constitutes chain line than normal people do, but looking at the pix it seems that this simple adjustment will get things near enough to be ridable.