This little fellow is an owl commemorating owls used on the Titanic. They were used in a similar way to canaries but to smell icebergs. When they discovered an approaching iceberg all the owls were shrieking on the Titanic and they were completely ignored. I think it may have been because of the time of night that everyone ignored all the owl cries and hoots, which in retrospect is quite a shame. So these owls were made in commemoration of the many owls that died on the Titanic.