Displaying items by tag: stewardship

18th January 2012

Titanic Artifacts a Snap - at $189 Million!

#TITANIC - The Titanic is for sale - if you have a spare $189 million to spend, according to the Los Angeles Times.

The single-lot auction, which will take place in April on the 100th anniversary of the Belfast-built ocean liner's tragic demise, includes more than 5,000 items salvaged from the wreck, from gold coins and clothing to parts of the ship's hull itself.

But casual buyers need not apply, as aside from the multi-million-dollar outlay, the prospective purchases must also take on stewardship over the collection, preserving it for future generations and exhibiting parts of it to the public.

Arlan Ettinger, president of Guernsey's Auctioneers & Brokers in New York, commented: "It's like getting a puppy. When you bring it home, you don't think of all the responsibilities and the time and investment that will be required... But it takes great care."

Images of the items up for auction are available HERE.

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About the Loughs Agency

The Loughs Agency is a governmental body established under the 1998 Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of Ireland. The Agency's goal is to provide sustainable social, economic, and environmental benefits by effectively conserving, managing, promoting, and developing the fisheries and marine resources of the Foyle and Carlingford areas.

The Agency's governing legislation confers several specific functions, including the promotion of development of Lough Foyle and Carlingford Lough for commercial and recreational purposes in respect of marine, fishery, and aquaculture matters. Moreover, the Agency is responsible for managing, conserving, protecting, improving, and developing the inland fisheries of the Foyle and Carlingford areas. Additionally, the Agency has the task of developing and licensing aquaculture, as well as the development of marine tourism.

The Loughs Agency reports to the North South Ministerial Council and its government Sponsor Departments, the Department of Agriculture, Environment and Rural Affairs (DAERA) in Northern Ireland, and the Department of the Environment, Climate, and Communications (DECC) in Ireland. The Departments fund the Agency on an equal basis.

The Loughs Agency's focus on sustainable development is expected to have a positive impact on the economy, environment, and local communities in the Foyle and Carlingford areas. The Agency's efforts to conserve and enhance the region's marine resources, including fisheries and aquaculture, are expected to benefit local communities, promote tourism, and contribute to economic growth.

In conclusion, the Loughs Agency plays a vital role in promoting the sustainable social, economic, and environmental development of the Foyle and Carlingford areas. Its work on marine conservation and development is crucial in ensuring the long-term viability of the region's natural resources and in promoting sustainable economic growth.