diff --git a/README.md b/README.md
index 0248280..698d777 100644
--- a/README.md
+++ b/README.md
@@ -68,7 +68,7 @@ The default versions are always a combination of component versions which are co
 
 | Aquarius | Brizo    | Events Handler | Keeper    | Commons  | Faucet   | Agent  |
 | -------- | -------- | -------------- | --------- | -------- | -------- | ------ |
-| `v1.0.7` | `v0.9.3` | `v0.4.7`       | `v0.13.2` | `v2.3.0` | `v0.3.2` | latest |
+| `v1.0.7` | `v0.9.3` | `v0.4.7`       | `v0.13.2` | `v2.3.1` | `v0.3.4` | latest |
 
 You can use the `--latest` option to pull the most recent Docker images for all components, which are always tagged as `latest` in Docker. The `latest` Docker image tag derives from the default main branch of the component's Git repo.
 
diff --git a/start_ocean.sh b/start_ocean.sh
index dec4188..2568c2d 100755
--- a/start_ocean.sh
+++ b/start_ocean.sh
@@ -29,9 +29,9 @@ export AQUARIUS_VERSION=${AQUARIUS_VERSION:-v1.0.7}
 export BRIZO_VERSION=${BRIZO_VERSION:-v0.9.3}
 export EVENTS_HANDLER_VERSION=${EVENTS_HANDLER_VERSION:-v0.4.7}
 export KEEPER_VERSION=${KEEPER_VERSION:-v0.13.2}
-export FAUCET_VERSION=${FAUCET_VERSION:-v0.3.2}
-export COMMONS_SERVER_VERSION=${COMMONS_SERVER_VERSION:-v2.3.0}
-export COMMONS_CLIENT_VERSION=${COMMONS_CLIENT_VERSION:-v2.3.0}
+export FAUCET_VERSION=${FAUCET_VERSION:-v0.3.4}
+export COMMONS_SERVER_VERSION=${COMMONS_SERVER_VERSION:-v2.3.1}
+export COMMONS_CLIENT_VERSION=${COMMONS_CLIENT_VERSION:-v2.3.1}
 export AGENT_VERSION=${AGENT_VERSION:-latest}
 
 export PARITY_IMAGE="parity/parity:v2.5.7-stable"