All Sea of Thieves Emissary Ledger Rewards (Season 4)

Raise your flag, earn your rewards.

Sea of Thieves Emissary

Image via Xbox Game Studios

There are several benefits to flying an Emissary Flag in a Sea of Thieves session, but in the long term, your Emissary Value will affect your Emissary Ledger standings against all other players. Depending on your value, you’ll be given a rank in your Ledger, and by the end of the month, you may have earned certain rewards based on which tier and rank you are at with the Trading Companies.

Related: How to become an Emissary to the trading companies in Sea of Thieves

Each season in Sea of Thieves will introduce new sets of rewards for each Trading Company, but you must earn previous rewards first to get the new rewards. For example, if you are in the top 25% of all Gold Hoarders and reach the Captain Tier by the end of the month, you will earn a reward for that tier. Once your Ledger resets at the beginning of the following month, reaching Captain Tier again the next month will earn you a different reward.

Below are all sets of rewards for each of the five Trading Companies that you can sail as an Emissary for. Keep up to date in your in-game Pirate Log or check the leaderboards on your browser to see where you rank and what you’re in line to earn next.

Gold Hoarders

Sea of Thieves Emissary Ledger Rewards
Screenshot by Gamepur
  • Castaway – bottom 25%
    • no reward
  • Seafarer – bottom 25-50%
    1. Emissary of Gold Seafarers title
    2. Seafarer of Sealed Stashes title
    3. Seafarer of Rogues’ Riddles title
    4. Seafarer of Valted Valuables title
  • Marauder – top 25-50%
    1. Gold Hoarders Inaugural Marauder Sails
      1. Emissary of Gold Marauders title
    2. Tribute Peak Hull
      1. Marauder of Sealed Stashes title
    3. Tribute Peak Cannons
      1. Marauder of Rogues’ Riddles title
    4. Tribute Peak Capstan
      1. Marauder of Valted Valuables title
  • Captain – top 25%
    1. Gold Hoarders Inaugural Captain Sails
      1. Captain of Golden Emissaries title
    2. Tribute Peak Figurehead
      1. Captain of Sealed Stashes title
    3. Tribute Peak Wheel
      1. Captain of Rogues’ Riddles title
    4. Tribute Peak Sails
      1. Capain of Valted Valuables title

Merchant Alliance

Sea of Thieves Emissary Ledger Rewards
Screenshot by Gamepur
  • Sailor – bottom 25%
    • no reward
  • Cadet – bottom 25-50%
    1. Emissary of Merchant Cadets title
    2. Cadet of Curious Cargo title
    3. Cadet of Salvaged Shipments title
    4. Cadet of Triumphant Trades title
  • Commander – top 25-50%
    1. Merchant Alliance Inaugural Commander Sails
      1. Emissary of Merchant Commanders title
    2. Merchant Ambassador Hull
      1. Commander of Curious Cargo title
    3. Merchant Ambassador Cannons
      1. Commander of Salvaged Shipments title
    4. Merchant Ambassador Capstan
      1. Commander of Triumphant Trades title
  • Admiral – top 25%
    1. Merchant Alliance Inaugural Admiral Sails
      1. Admiral of Merchant Emissaries title
    2. Merchant Ambassador Figurehead
      1. Admiral of Curious Cargo title
    3. Merchant Ambassador Wheel
      1. Admiral of Salvaged Shipments title
    4. Merchant Ambassador Sails
      1. Admiral of Triumphant Trades title

Order of Souls

Sea of Thieves Emissary Ledger Rewards
Screenshot by Gamepur
  • Apprentice – bottom 25%
    • no reward
  • Mercenary – bottom 25-50%
    1. Emissary of Mystic Mercenaries title
    2. Mercenary of Sundered Skulls title
    3. Mercenary of Ghostly Galleons title
    4. Mercenary of Stray Spirits title
  • Chief – top 25-50%
    1. Order of Souls Inaugural Chief Sails
      1. Emissary of Mystic Chiefs title
    2. Relic of Darkness Hull
      1. Chief of Sundered Skulls title
    3. Relic of Darkness Cannons
      1. Chief of Ghostly Galleons title
    4. Relic of Darkness Capstan
      1. Chief of Stray Spirits title
  • Grandee – top 25%
    1. Order of Souls Inaugural Grandee Sails
      1. Grandee of Mystic Emissaries title
    2. Relic of Darkness Figurehead
      1. Grandee of Sundered Skulls title
    3. Relic of Darkness Wheel
      1. Grandee of Ghostly Galleons title
    4. Relic of Darkness Sails
      1. Grandee of Stray Spirits title

Reaper’s Bones

Sea of Thieves Emissary Ledger Rewards
Screenshot by Gamepur
  • Follower – bottom 25%
    • no reward
  • Servant – bottom 25-50%
    1. Emissary of Eternal Servants title
    2. Servant of Splintered Ships title
    3. Servant of Taken Treasures title
    4. Servant of Fearless Freedom title
  • Keeper – top 25-50%
    1. Reaper’s Bones Inaugural Keeper Sails
      1. Emissary of Eternal Keepers title
    2. Masked Renegade Hull
      1. Keeper of Splintered Ships title
    3. Masked Renegade Cannons
      1. Keeper of Taken Treasures title
    4. Masked Renegade Capstan
      1. Keeper of Fearless Freedom title
  • Master – top 25%
    1. Reaper’s Bones Inaugural Master Sails
      1. Master of Eternal Emissaries title
    2. Masked Renegade Figurehead
      1. Master of Splintered Ships title
    3. Masked Renegade Wheel
      1. Master of Taken Treasures title
    4. Masked Renegade Sails
      1. Master of Fearless Freedom title

Athena’s Fortune

Sea of Thieves Emissary Ledger Rewards
Screenshot by Gamepur
  • Seeker – bottom 25%
    • no reward
  • Voyager – bottom 25-50%
    1. Emissary of Fortune Voyagers title
    2. Voyager of Pirate Prowess title
    3. Voyager of Sworn Secrets title
    4. Voyager of Valiant Vessels title
  • Guardian – top 25-50%
    1. Athena’s Fortune Inaugural Guardian Sails
      1. Emissary of Fortune Guardians title
    2. Legendary Spirit Pistol
      1. Guardian of Pirate Prowess title
    3. Legendary Spirit Blunderbuss
      1. Guardian of Sworn Secrets title
    4. Magpie’s Glory Capstan
      1. Guardian of Valiant Vessels title
  • Legend – top 25%
    1. Athena’s Fortune Inaugural Legend Sails
      1. Legendary Emissary of Fortune title
    2. Legendary Spirit Cutlass
      1. Legendary Pirate of Prowess title
    3. Legendary Spirit Eye of Reach
      1. Legendary Pirate of Sworn Secrets title
    4. Magpie’s Glory Wheel
      1. Legendary Pirate of Valiant Vessels