Christie’s to Host Auction in Support of Ocean Health With Works Donated by More Than 20 Leading Artists
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Christie’s is partnering with U.K.-based ocean protection charity Blue Marine Foundation to raise funds through a sale of works by leading contemporary artists during an October week of major London sales.
“Blue: Art for the Ocean” will include works from more than 20 artists, including Serbian performance artist Marina Abramović, Japanese painter Yoshitomo Nara, English artist Lydia Blakeley, English potter and author Edmund de Waal, and German painter Jonas Burgert.
Christie’s announced the first three pieces to be auctioned, including a photograph of Abramović from a May 2024 filming of a separate project that shows the artist on the shores of Fire Island, N.Y.
“My Performance for the Oceans artwork for the auction blends my artistic vision with environmental consciousness,” Abramović said in a news release. The image is one of three from the film that Christie’s will sell for between £50,000 and £70,000 (US$64,012 and US$89,617), according to Blue Marine, citing the Sunday Times of London.
The other two pieces are an underwater painting by Blakeley titled The Hunters and an illustration by Nara titled Walk On .
The foundation works toward ocean health by putting a spotlight on overfishing and efforts to protect critical marine ecosystems around the world.
Christie’s expects to announce a full lineup of lots and price estimates in the coming weeks, according to a company spokesperson. The auction will be held during Christie’s annual Frieze Week sales of 20th- and 21st-century art.
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1. Full-Doc Loan
A full-doc loan is the most straightforward and competitive option for self-employed borrowers with up-to-date tax returns and financials. Lenders assess two years of tax returns, assessment notices, and business financials. This type of loan offers high borrowing capacity, access to features like offset accounts and redraw facilities, and fixed and variable rate choices.
2. Low-Doc Loan
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3. Standard Variable Rate Loan
A standard variable loan moves with the market and offers flexibility in repayments, extra contributions, and redraw options. It’s ideal for borrowers who want to manage repayments actively or pay off their loans faster when income permits. With access to over 40 lenders, brokers can help match borrowers with a variable product suited to their financial strategy.
4. Fixed Rate Loan
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5. Split Loan
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6. Construction Loan
Construction loans release funds in stages aligned with the building process, from the initial slab to completion. These loans suit clients building a new home or undertaking major renovations. Most lenders offer interest-only repayments during construction, switching to principal-and-interest after the build. Managing timelines and approvals is key to a smooth experience.
7. Interest-Only Loan
Interest-only loans allow borrowers to pay just the interest portion of the loan for a set period, preserving cash flow. This structure is often used during growth phases in business or for investment purposes. After the interest-only period, the loan typically converts to principal-and-interest repayments.
8. Offset Home Loan
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Red Door Financial Group is a Melbourne-based brokerage firm that offers personalised financial solutions for residential, commercial, and business lending.
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