Today Rare released a new trailer of its upcoming shared world adventure game Sea of Thieves.

The video is narrated by Senior Software Engineer David Dempsey and Senior Designer Andrew Preston, and it's all about shipwrecks.

Players can find telltale signs of  shipwreck while they're navigating around the game's sea, like seagulls circling on the sky, and they can decide to divert to the location and dive to explore the derelict ship.

Of course, if all the players dive in search of treasure, another crew can very well come by and sink or steal their ships, or take their undefended loot.

Shipwrecks normally contain a treasure chest and barrels full of resources. More resources also float freely inside the abandoned hull.

When players are exploring a ship, sharks will circle around it, waiting for them to come out. It'll be necessary to keep an eye on them and pick the right moment to leave and swim to the surface. Of course, during that time we'll be slowly running out of oxygen.

You can check out the video below, and if you want to see more, you can also enjoy one about storms,  the gameplay trailer showcased at E3, a large batch of screenshots and art, and read our most recent hands-on preview. On top of that, you can watch Phil Spencer himself play the technical alpha, and a semi-recent video about live campaigns and events.

Sea of Thieves was supposed to come this year, but recently we learned that it will launch in early 2018 for Xbox One, Xbox One X and PC.