Today's 1.3.2 update to hit Sea of Thieves has brought along the Halloween-themed Bilge Rat Adventure, Festival of the Damned. There's quite a long list of bug fixes and changes as well.
Bilge rat adventure RSS
The latest update to Sea of Thieves carries a fair bit of new features and changes, including a new barrel inventory system, usable cursed cannonballs, Reapers Mark flag for PVP chasers, and more.