It is. Though, this venerable acknowledges... that as he has no proper court in this world, the title would have little sway beyond showing your importance within the crew.

[He straightened his sleeves and made ready to leave now that Turo's uncertainty had been resolved.]

This venerable one will leave first. However, if you have further uncertainties, you should not feel you cannot bring them to this venerable one.

...and put a bell or something on that creature.