diff --git a/compose-files/thegraph.yml b/compose-files/thegraph.yml
index 5338906..73d08ef 100644
--- a/compose-files/thegraph.yml
+++ b/compose-files/thegraph.yml
@@ -1,7 +1,7 @@
 version: '3'
 services:
   graph-node:
-    image: graphprotocol/graph-node:v0.28.2
+    image: graphprotocol/graph-node:${GRAPH_NODE_VERSION:-latest}
     ports:
       - '9000:8000'
       - '9001:8001'
diff --git a/start_ocean.sh b/start_ocean.sh
index 3a7d70e..e4ed90e 100755
--- a/start_ocean.sh
+++ b/start_ocean.sh
@@ -32,8 +32,9 @@ export AQUARIUS_VERSION=${AQUARIUS_VERSION:-v5.1.5}
 export ELASTICSEARCH_VERSION=${ELASTICSEARCH_VERSION:-8.5.1}
 export PROVIDER_VERSION=${PROVIDER_VERSION:-v2.1.3}
 export SUBGRAPH_VERSION=${SUBGRAPH_VERSION:-v3.0.10}
-export CONTRACTS_VERSION=${CONTRACTS_VERSION:-v1.1.15}
+export CONTRACTS_VERSION=${CONTRACTS_VERSION:-v2.0.3}
 export RBAC_VERSION=${RBAC_VERSION:-next}
+export GRAPH_NODE_VERSION=${GRAPH_NODE_VERSION:-v0.33.0}
 
 export OPERATOR_SERVICE_VERSION=${OPERATOR_SERVICE_VERSION:-oceanprotocol/operator-service:v4main}
 export OPERATOR_ENGINE_VERSION=${OPERATOR_ENGINE_VERSION:-oceanprotocol/operator-engine:v4main}