diff --git a/README.md b/README.md
index 9e6c12b..681b65b 100644
--- a/README.md
+++ b/README.md
@@ -67,7 +67,7 @@ The default versions are always a combination of component versions which are co
 
 | Aquarius | Brizo     | Events Handler | Keeper    | Commons  | Faucet   |
 | -------- | --------- | -------------- | --------- | -------- | -------- |
-| `v1.0.2` | `v0.6.0`  |  `v0.3.0`      | `v0.12.7` | `v2.0.0` | `v0.3.2` |
+| `v1.0.2` | `v0.7.0`  |  `v0.3.0`      | `v0.12.7` | `v2.0.0` | `v0.3.2` |
 
 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 4fcac33..44de025 100755
--- a/start_ocean.sh
+++ b/start_ocean.sh
@@ -26,7 +26,7 @@ COMPOSE_DIR="${DIR}/compose-files"
 
 # Default versions of Aquarius, Brizo, Keeper Contracts and Commons
 export AQUARIUS_VERSION=${AQUARIUS_VERSION:-v1.0.2}
-export BRIZO_VERSION=${BRIZO_VERSION:-v0.6.0}
+export BRIZO_VERSION=${BRIZO_VERSION:-v0.7.0}
 export EVENTS_HANDLER_VERSION=${EVENTS_HANDLER_VERSION:-v0.3.0}
 export KEEPER_VERSION=${KEEPER_VERSION:-v0.12.7}
 export FAUCET_VERSION=${FAUCET_VERSION:-v0.3.2}