Replying to @dashytw
Great question! Looks like a capsized ship that never got completed @.@ Maybe a kraken got to them, or MAYBE the villager constructing it got fired for bad design. ^TK

Jul 26, 2022 · 6:12 PM UTC

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Replying to @MojangSupport
Here's the real question Why is it on water
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Ships, even capsized ones, tend to exist on water! If you think it's a bug feel free to submit a bug report ^AC