Sea of Thieves’ latest update is now live and marks the start, at long last, of Rare’s regularly scheduled live events and activities for the piratical multiplayer adventure.

With The Hungering Deep now over, and the ancient megalodon now returned to the depths of the ocean, the Bilge Rats, which were briefly introduced in the last update, have now become a fully fledged faction in Sea of Thieves – joining the likes of the Merchant Alliance, Gold Hoarders, and Order of Souls.

The Bilge Rats work slightly differently to the base game’s Trading Companies, however; rather than offering a never-ending supply of quests for purchase, the Bilge Rats present one activity to complete for a fixed duration, with new activities being introduced every week or two. As you progress through the current activity, you’ll earn commendations, titles, and a new currency: doubloons – which can be spent on items in the Bilge Rats’ store.

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Source: Eurogamer Sea of Thieves' regular live events kick off in the new Skeleton Thrones update