Sea of Thieves' long-long-long-awaited Captaincy Update, first discussed prior to the game's release all the way back in 2018, will miss its planned launch later this month and is now due to arrive alongside Season Seven on 4th August.
In its originally envisaged 2018 guise, the Captaincy Update was an early victim of Sea of Thieves' rocky launch, with Rare ultimately making the decision to place it "on the back burner" while it refocused its development plans. Most assumed it was lost to time after that, but, to everyone's surprise, it suddenly resurfaced during Microsoft's not-E3 showcase this June.
This new iteration of Captaincy follows the same basic premise of the originally teased update, introducing a host of new features designed around the idea of becoming the captain of your own distinctive vessel. These will include the ability to name your ship, decorate its cabin, earn unique rewards, make use of special new cash-in points across the ocean, and more.