diff --git a/README.md b/README.md
index 28bbb9b982..61a1ac7b28 100644
--- a/README.md
+++ b/README.md
@@ -19,7 +19,7 @@ The following tools are required for building, testing and contributing to this
 - [Rust](https://www.rust-lang.org/tools/install) toolchain - _required_
 - [nodejs](https://nodejs.org/) >= v14.18.x - _required_ (However volta will try to use v18.6)
 - [yarn classic](https://classic.yarnpkg.com/en/docs/install) package manager v1.22.x- _required_
-- [docker](https://www.docker.com/get-started) and docker-compose v2.20.x or higher - _required_
+- [docker](https://docs.docker.com/engine/install/ubuntu/#install-using-the-repository) v2.20.x or higher - _required_
 - [ansible](https://www.ansible.com/) - _optional_
 
 If you use VSCode as your code editor we recommend using the workspace [settings](devops/vscode/settings.json) for recommend eslint plugin to function properly.
diff --git a/devops/ansible/roles/common/tasks/install-tools.yml b/devops/ansible/roles/common/tasks/install-tools.yml
index db13cfff5b..346a3f4acc 100644
--- a/devops/ansible/roles/common/tasks/install-tools.yml
+++ b/devops/ansible/roles/common/tasks/install-tools.yml
@@ -43,7 +43,6 @@
       - docker-compose
       - docker.io
       - docker-doc
-      - docker-compose
       - podman-docker
       - containerd
       - runc
@@ -74,17 +73,6 @@
     state: latest
     update_cache: true
 
-- name: Install docker-compose
-  become: true
-  shell:
-    cmd: |
-      bash -c "
-        curl -L 'https://github.com/docker/compose/releases/download/v2.20.1/docker-compose-$(uname -s)-$(uname -m)' -o /usr/local/bin/docker-compose
-        chmod +x /usr/local/bin/docker-compose
-        ln -s /usr/local/bin/docker-compose /usr/bin/docker-compose
-      "
-    creates: /usr/local/bin/docker-compose
-
 - name: Install Docker module for Python
   pip:
     name: docker
diff --git a/docker-compose-no-bind-volumes.yml b/docker-compose-no-bind-volumes.yml
index 4aab4d0180..29a5d43fee 100644
--- a/docker-compose-no-bind-volumes.yml
+++ b/docker-compose-no-bind-volumes.yml
@@ -1,5 +1,4 @@
 # Complete joystream development network
-version: '3.4'
 services:
   joystream-node:
     image: joystream/node:$JOYSTREAM_NODE_TAG
@@ -30,7 +29,6 @@ services:
     ports:
       - 3333:3333
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     environment:
       # ACCOUNT_URI overrides command line arg --accountUri
@@ -65,7 +63,6 @@ services:
       - 3334:3334
       - 127.0.0.1:4334:4334
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     # Node configuration can be overriden via env, for exampe:
     environment:
@@ -101,7 +98,6 @@ services:
     ports:
       - 3335:3333
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     environment:
       # ACCOUNT_URI overrides command line arg --accountUri
@@ -131,7 +127,6 @@ services:
       - 3336:3334
       - 127.0.0.1:4336:4334
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     # Node configuration can be overriden via env, for exampe:
     environment:
@@ -163,7 +158,6 @@ services:
     volumes:
       - query-node-data:/var/lib/postgresql/data
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     environment:
       POSTGRES_USER: ${DB_USER}
@@ -179,7 +173,6 @@ services:
     container_name: graphql-server
     restart: unless-stopped
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     environment:
       - DB_HOST=db
@@ -203,7 +196,6 @@ services:
     container_name: processor
     restart: unless-stopped
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     environment:
       - INDEXER_ENDPOINT_URL=${PROCESSOR_INDEXER_GATEWAY}
@@ -233,7 +225,6 @@ services:
     container_name: indexer
     restart: unless-stopped
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     environment:
       - DB_NAME=${INDEXER_DB_NAME}
@@ -255,7 +246,6 @@ services:
     container_name: hydra-indexer-gateway
     restart: unless-stopped
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     environment:
       - WARTHOG_STARTER_DB_DATABASE=${INDEXER_DB_NAME}
diff --git a/docker-compose.elasticsearch.yml b/docker-compose.elasticsearch.yml
index 5e2a6ea762..0bb114b623 100644
--- a/docker-compose.elasticsearch.yml
+++ b/docker-compose.elasticsearch.yml
@@ -1,5 +1,3 @@
-version: '3.4'
-
 services:
   # Ref: https://www.elastic.co/guide/en/elasticsearch/reference/8.7/docker.html
   elasticsearch:
diff --git a/docker-compose.storage-squid.yml b/docker-compose.storage-squid.yml
index 5633367cf7..771eb74c45 100644
--- a/docker-compose.storage-squid.yml
+++ b/docker-compose.storage-squid.yml
@@ -1,5 +1,3 @@
-version: '3'
-
 services:
   squid_db:
     container_name: squid_db
diff --git a/docker-compose.yml b/docker-compose.yml
index 39d57d5ed5..48fe9ad5e2 100644
--- a/docker-compose.yml
+++ b/docker-compose.yml
@@ -1,5 +1,4 @@
 # Complete joystream development network
-version: '3.4'
 services:
   joystream-node:
     image: joystream/node:$JOYSTREAM_NODE_TAG
@@ -30,7 +29,6 @@ services:
     ports:
       - 3333:3333
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     environment:
       # ACCOUNT_URI overrides command line arg --accountUri
@@ -65,7 +63,6 @@ services:
       - 3334:3334
       - 127.0.0.1:4334:4334
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     # Node configuration can be overriden via env, for exampe:
     environment:
@@ -104,7 +101,6 @@ services:
     ports:
       - 3335:3333
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     environment:
       # ACCOUNT_URI overrides command line arg --accountUri
@@ -137,7 +133,6 @@ services:
       - 3336:3334
       - 127.0.0.1:4336:4334
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     # Node configuration can be overriden via env, for exampe:
     environment:
@@ -169,7 +164,6 @@ services:
     volumes:
       - query-node-data:/var/lib/postgresql/data
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     environment:
       POSTGRES_USER: ${DB_USER}
@@ -182,7 +176,6 @@ services:
     container_name: graphql-server
     restart: unless-stopped
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     environment:
       - DB_HOST=db
@@ -209,7 +202,6 @@ services:
     container_name: processor
     restart: unless-stopped
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     environment:
       - INDEXER_ENDPOINT_URL=${PROCESSOR_INDEXER_GATEWAY}
@@ -244,7 +236,6 @@ services:
     container_name: indexer
     restart: unless-stopped
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     environment:
       - DB_NAME=${INDEXER_DB_NAME}
@@ -266,7 +257,6 @@ services:
     container_name: hydra-indexer-gateway
     restart: unless-stopped
     env_file:
-      # relative to working directory where docker-compose was run from
       - .env
     environment:
       - WARTHOG_STARTER_DB_DATABASE=${INDEXER_DB_NAME}
diff --git a/query-node/README.md b/query-node/README.md
index 85d6b4291d..d19d1aaeb7 100644
--- a/query-node/README.md
+++ b/query-node/README.md
@@ -37,8 +37,8 @@ This script script will:
 - Bring up `db` service (query node is using a PostgreSQL database to store the data)
 - Configure the database (`yarn workspace query-node config:dev`)
 - Create the database and initialize schema (`yarn workspace query-node-root db:prepare && yarn workspace query-node-root db:processor:migrate`)
-- Start the GraphQL server service (`docker-compose up -d graphql-server`)
-- Start the Hydra Processor responsible for processing the runtime events and running the mappings' functions (`docker-compose up -d processor`)
+- Start the GraphQL server service (`docker compose up -d graphql-server`)
+- Start the Hydra Processor responsible for processing the runtime events and running the mappings' functions (`docker compose up -d processor`)
 
 ## 4. Stopping the node and removing all associated containers
 
@@ -102,10 +102,10 @@ It's useful when you want to interact with Joystream node via Pioneer or Atlas a
 processed by the processor.
 
 ```
-docker-compose up -d joystream-node indexer hydra-indexer-gateway processor
+docker compose up -d joystream-node indexer hydra-indexer-gateway processor
 
 # start the GraphQL server and Playground if needed via
-docker-compose up -d graphql-server
+docker compose up -d graphql-server
 ```
 
 **Running processor with remote Joystream node and local indexer.**
@@ -113,7 +113,7 @@ It's useful when you want to synchronize the indexer and processor with Joystrea
 You can analyze any errors in docker logs and tweak mappings.
 
 ```
-JOYSTREAM_NODE_WS=wss://target-domain.tmp/ws-rpc docker-compose up -d indexer hydra-indexer-gateway processor
+JOYSTREAM_NODE_WS=wss://target-domain.tmp/ws-rpc docker compose up -d indexer hydra-indexer-gateway processor
 ```
 
 **Running processor with remote Joystream node and remote indexer.**
@@ -121,7 +121,7 @@ When debugging an error that happened in processor mappings on a remote server t
 and skip potentially time-consuming indexer synchronization
 
 ```
-PROCESSOR_INDEXER_GATEWAY=https://target-domain.tmp/query-node/indexer/graphql docker-compose up -d processor
+PROCESSOR_INDEXER_GATEWAY=https://target-domain.tmp/query-node/indexer/graphql docker compose up -d processor
 ```
 
 ### Restart processor from the beginning
@@ -134,10 +134,10 @@ when the said `Member` created a forum post trying to create. The only way to cr
 is to start processing events all over.
 
 ```
-docker-compose stop graphql-server # ensure graphql server is disconnected from db
-docker-compose rm -vfs processor # turn off processor
+docker compose stop graphql-server # ensure graphql server is disconnected from db
+docker compose rm -vfs processor # turn off processor
 WARTHOG_DB_OVERRIDE=true yarn workspace query-node-root db:reset # reset processor database
-docker-compose up -d processor # start processor again
+docker compose up -d processor # start processor again
 ```
 
 ### Debugging Hydra errors
diff --git a/query-node/kill.sh b/query-node/kill.sh
index 0f335c96eb..15a8b02cb1 100755
--- a/query-node/kill.sh
+++ b/query-node/kill.sh
@@ -5,10 +5,10 @@ SCRIPT_PATH="$(dirname "${BASH_SOURCE[0]}")"
 cd $SCRIPT_PATH
 
 # Only remove query-node related services
-docker-compose -f ../docker-compose.yml rm -vsf processor
-docker-compose -f ../docker-compose.yml rm -vsf graphql-server
-docker-compose -f ../docker-compose.yml rm -vsf indexer
-docker-compose -f ../docker-compose.yml rm -vsf hydra-indexer-gateway
-docker-compose -f ../docker-compose.yml rm -vsf redis
-docker-compose -f ../docker-compose.yml rm -vsf db
+docker compose -f ../docker-compose.yml rm -vsf processor
+docker compose -f ../docker-compose.yml rm -vsf graphql-server
+docker compose -f ../docker-compose.yml rm -vsf indexer
+docker compose -f ../docker-compose.yml rm -vsf hydra-indexer-gateway
+docker compose -f ../docker-compose.yml rm -vsf redis
+docker compose -f ../docker-compose.yml rm -vsf db
 docker volume rm joystream_query-node-data
diff --git a/query-node/reset-processor.sh b/query-node/reset-processor.sh
index 028e9c6dff..22e47acb72 100755
--- a/query-node/reset-processor.sh
+++ b/query-node/reset-processor.sh
@@ -4,7 +4,7 @@ set -e
 SCRIPT_PATH="$(dirname "${BASH_SOURCE[0]}")"
 cd $SCRIPT_PATH
 
-docker-compose -f ../docker-compose.yml rm -vsf processor
-docker-compose -f ../docker-compose.yml rm -vsf graphql-server
+docker compose -f ../docker-compose.yml rm -vsf processor
+docker compose -f ../docker-compose.yml rm -vsf graphql-server
 docker exec db psql -U postgres -c "DROP DATABASE query_node_processor;"
 ./start.sh
\ No newline at end of file
diff --git a/query-node/start.sh b/query-node/start.sh
index e9bad75048..69e3630888 100755
--- a/query-node/start.sh
+++ b/query-node/start.sh
@@ -8,16 +8,16 @@ cd $SCRIPT_PATH
 [ ! -d "generated/" ] && yarn build
 
 # Bring up db
-docker-compose -f ../docker-compose.yml up -d db
+docker compose -f ../docker-compose.yml up -d db
 echo "Waiting for the db to be ready..."
 sleep 5
 
 # Start indexer and gateway
-docker-compose -f ../docker-compose.yml up -d indexer
-docker-compose -f ../docker-compose.yml up -d hydra-indexer-gateway
+docker compose -f ../docker-compose.yml up -d indexer
+docker compose -f ../docker-compose.yml up -d hydra-indexer-gateway
 
 # Start processor
-docker-compose -f ../docker-compose.yml up -d processor
+docker compose -f ../docker-compose.yml up -d processor
 echo "Waiting for processor to be ready..." && sleep 30
 if [[ "$OSTYPE" == "darwin"* ]]; then
     # On Docker Desktop things take a bit longer to startup
@@ -25,5 +25,5 @@ if [[ "$OSTYPE" == "darwin"* ]]; then
 fi
 
 # Start graphql-server
-docker-compose -f ../docker-compose.yml up -d graphql-server
+docker compose -f ../docker-compose.yml up -d graphql-server
 echo "Waiting for graphql-server to be ready..." && sleep 30
diff --git a/scripts/save-to-docker-images.sh b/scripts/save-to-docker-images.sh
index 7c2914ccbb..2b828b056d 100755
--- a/scripts/save-to-docker-images.sh
+++ b/scripts/save-to-docker-images.sh
@@ -2,10 +2,10 @@
 set -e
 
 # clean start
-docker-compose -f ../docker-compose.yml down -v
+docker compose -f ../docker-compose.yml down -v
 
 function cleanup() {
-    docker-compose -f ../docker-compose.yml down -v
+    docker compose -f ../docker-compose.yml down -v
 }
 
 trap cleanup EXIT
@@ -21,7 +21,7 @@ if [[ -z $JOYSTREAM_NODE_TAG ]]; then
 fi
 
 # start node image, network and volume
-docker-compose -f ../docker-compose.yml up -d joystream-node
+docker compose -f ../docker-compose.yml up -d joystream-node
 
 # copy native runtime
 docker cp ../target/release/joystream-node joystream-node:/joystream/node
diff --git a/setup.sh b/setup.sh
index 96b3e52602..797fa00d2a 100755
--- a/setup.sh
+++ b/setup.sh
@@ -14,13 +14,8 @@ if [[ "$OSTYPE" == "linux-gnu" ]]; then
     if ! command -v docker &> /dev/null
     then
       # Install Docker from linux distro maintaners
-      sudo apt-get install -y docker.io containerd runc
+      echo "docker not found. You will need to install it. Visit https://www.docker.com/get-started"
     fi
-    # Install latest version of docker-compose
-    COMPOSE_VERSION=`curl -sL https://api.github.com/repos/docker/compose/releases/latest | jq -r ".tag_name"`
-    sudo curl -L "https://github.com/docker/compose/releases/download/${COMPOSE_VERSION}/docker-compose-$(uname -s)-$(uname -m)" -o /usr/local/bin/docker-compose
-    sudo chmod +x /usr/local/bin/docker-compose
-    sudo ln -sf /usr/local/bin/docker-compose /usr/bin/docker-compose
 elif [[ "$OSTYPE" == "darwin"* ]]; then
     # install brew package manager
     if ! which brew >/dev/null 2>&1; then
diff --git a/start-elasticsearch-stack.sh b/start-elasticsearch-stack.sh
index 909031b182..6a47ac348b 100755
--- a/start-elasticsearch-stack.sh
+++ b/start-elasticsearch-stack.sh
@@ -15,10 +15,10 @@ ELASTIC_USERNAME=${ELASTIC_USERNAME:="elastic"}
 ELASTIC_PASSWORD=${ELASTIC_PASSWORD:="password"}
 
 # Remove elasticsearch stack containers & volumes
-docker-compose -f ./docker-compose.elasticsearch.yml down -v
+docker compose -f ./docker-compose.elasticsearch.yml down -v
 
-# Run docker-compose to start elasticsearch container
-docker-compose -f ./docker-compose.elasticsearch.yml up -d elasticsearch
+# Run docker compose to start elasticsearch container
+docker compose -f ./docker-compose.elasticsearch.yml up -d elasticsearch
 
 echo 'Waiting for Elasticsearch...'
 
@@ -46,10 +46,10 @@ export ELASTICSEARCH_SERVICEACCOUNTTOKEN=$(echo $response_body | jq -r '.token.v
 
 echo 'Starting for Kibana...'
 
-## Run docker-compose to start kibana container
-docker-compose -f ./docker-compose.elasticsearch.yml up -d kibana
+## Run docker compose to start kibana container
+docker compose -f ./docker-compose.elasticsearch.yml up -d kibana
 
 echo 'Starting APM Server...'
 
-## Run docker-compose to start apm-server container
-docker-compose -f ./docker-compose.elasticsearch.yml up -d apm-server
+## Run docker compose to start apm-server container
+docker compose -f ./docker-compose.elasticsearch.yml up -d apm-server
diff --git a/start-multistorage.sh b/start-multistorage.sh
index 6c436de666..ad28b7b28f 100755
--- a/start-multistorage.sh
+++ b/start-multistorage.sh
@@ -24,8 +24,8 @@ else
   function down()
   {
       # Stop containers and clear volumes
-      docker-compose -f ./docker-compose.storage-squid.yml down -v
-      docker-compose down -v
+      docker compose -f ./docker-compose.storage-squid.yml down -v
+      docker compose down -v
   }
 
   trap down EXIT ERR SIGINT SIGTERM
@@ -34,7 +34,7 @@ fi
 if [ "${SKIP_NODE}" != true ]
 then
   ## Run a local development chain
-  docker-compose up -d joystream-node
+  docker compose up -d joystream-node
 fi
 
 ## Query Node Infrastructure
@@ -44,7 +44,7 @@ fi
 ./start-orion.sh
 
 ## Storage Squid
-docker-compose -f ./docker-compose.storage-squid.yml up -d
+docker compose -f ./docker-compose.storage-squid.yml up -d
 
 ## Init the chain with some state
 if [[ $SKIP_CHAIN_SETUP != 'true' ]]; then
@@ -58,19 +58,19 @@ if [[ $SKIP_CHAIN_SETUP != 'true' ]]; then
 
   ## Member faucet
   export INVITER_KEY=`cat ./tests/network-tests/output.json | jq -r .faucet.suri`
-  docker-compose up -d faucet
+  docker compose up -d faucet
 
   ## Storage Infrastructure Nodes
-  docker-compose up -d colossus-1
-  docker-compose up -d distributor-1
-  docker-compose up -d colossus-2
-  docker-compose up -d distributor-2
+  docker compose up -d colossus-1
+  docker compose up -d distributor-1
+  docker compose up -d colossus-2
+  docker compose up -d distributor-2
 fi
 
 if [ "${PERSIST}" == true ]
 then
   echo "All services started in the background"
-  echo "Remember to run 'docker-compose down -v' to kill all docker services before starting new playground."
+  echo "Remember to run 'docker compose down -v' to kill all docker services before starting new playground."
 else
   echo "use Ctrl+C to shutdown the development network."
   while true; do
diff --git a/start-orion.sh b/start-orion.sh
index 58edc75926..200db3b66b 100755
--- a/start-orion.sh
+++ b/start-orion.sh
@@ -1,11 +1,11 @@
 #!/usr/bin/env bash
 set -e
 
-docker-compose up -d orion-db
-docker-compose up -d orion-processor
-docker-compose up -d orion-graphql-api
-docker-compose up -d orion-auth-api
-docker-compose up -d squid-archive-ingest
-docker-compose up -d squid-archive-db
-docker-compose up -d squid-archive-gateway
-docker-compose up -d squid-archive-explorer
+docker compose up -d orion-db
+docker compose up -d orion-processor
+docker compose up -d orion-graphql-api
+docker compose up -d orion-auth-api
+docker compose up -d squid-archive-ingest
+docker compose up -d squid-archive-db
+docker compose up -d squid-archive-gateway
+docker compose up -d squid-archive-explorer
diff --git a/start.sh b/start.sh
index 8fdd660394..65f0dee813 100755
--- a/start.sh
+++ b/start.sh
@@ -26,8 +26,8 @@ else
   function down()
   {
       # Stop containers and clear volumes
-      docker-compose -f ./docker-compose.storage-squid.yml down -v
-      docker-compose down -v
+      docker compose -f ./docker-compose.storage-squid.yml down -v
+      docker compose down -v
   }
 
   trap down EXIT ERR SIGINT SIGTERM
@@ -36,7 +36,7 @@ fi
 if [ "${SKIP_NODE}" != true ]
 then
   ## Run a local development chain
-  docker-compose up -d joystream-node
+  docker compose up -d joystream-node
 fi
 
 ## Query Node Infrastructure
@@ -46,7 +46,7 @@ fi
 ./start-orion.sh
 
 ## Storage Squid
-docker-compose -f ./docker-compose.storage-squid.yml up -d
+docker compose -f ./docker-compose.storage-squid.yml up -d
 
 ## Init the chain with some state
 if [[ $SKIP_CHAIN_SETUP != true ]]; then
@@ -58,17 +58,17 @@ if [[ $SKIP_CHAIN_SETUP != true ]]; then
 
   ## Member faucet
   export INVITER_KEY=`cat ./tests/network-tests/output.json | jq -r .faucet.suri`
-  docker-compose up -d faucet
+  docker compose up -d faucet
 
   ## Storage Infrastructure Nodes
-  docker-compose up -d colossus-1
-  docker-compose up -d distributor-1
+  docker compose up -d colossus-1
+  docker compose up -d distributor-1
 fi
 
 if [ "${PERSIST}" == true ]
 then
   echo "All services started in the background"
-  echo "Remember to run 'docker-compose down -v' to kill all docker services before starting new playground."
+  echo "Remember to run 'docker compose down -v' to kill all docker services before starting new playground."
 else
   echo "use Ctrl+C to shutdown the development network."
   while true; do
diff --git a/tests/network-tests/run-node-docker.sh b/tests/network-tests/run-node-docker.sh
index 370c0df6e0..3c6914862f 100755
--- a/tests/network-tests/run-node-docker.sh
+++ b/tests/network-tests/run-node-docker.sh
@@ -66,7 +66,7 @@ docker run --pull never --rm -v ${DATA_PATH}:/spec joystream/node:${RUNTIME} bui
 
 # Start a chain with generated chain spec
 export JOYSTREAM_NODE_TAG=${RUNTIME}
-docker-compose -p joystream -f ../../docker-compose.yml run -d -v ${DATA_PATH}:/spec --name joystream-node \
+docker compose -p joystream -f ../../docker-compose.yml run -d -v ${DATA_PATH}:/spec --name joystream-node \
   --service-ports joystream-node \
   --alice --validator --unsafe-ws-external --unsafe-rpc-external \
   --rpc-methods Unsafe --rpc-cors=all -l runtime \
diff --git a/tests/network-tests/run-runtime-upgrade-tests.sh b/tests/network-tests/run-runtime-upgrade-tests.sh
index bf3e7cac38..71af160a16 100755
--- a/tests/network-tests/run-runtime-upgrade-tests.sh
+++ b/tests/network-tests/run-runtime-upgrade-tests.sh
@@ -68,7 +68,7 @@ function create_raw_chain_spec() {
 
 # Start a chain with generated chain spec
 function start_joystream_node {
-    docker-compose -f ../../docker-compose.yml run -d -v ${DATA_PATH}:/spec \
+    docker compose -f ../../docker-compose.yml run -d -v ${DATA_PATH}:/spec \
         --name joystream-node \
         -p 9944:9944 -p 9933:9933 joystream-node \
         --validator --unsafe-ws-external --unsafe-rpc-external \
@@ -140,7 +140,7 @@ function init_chain_db() {
     # if the initial state is large.
     # exporting should give some essential tasks errors but they are harmless https://github.com/paritytech/substrate/issues/10583
     echo >&2 "exporting state"
-    docker-compose -f ../../docker-compose.yml run --rm \
+    docker compose -f ../../docker-compose.yml run --rm \
         -v ${DATA_PATH}:/spec joystream-node export-state \
         --chain /spec/chain-spec-forked.json \
         --base-path /data --pruning archive >${DATA_PATH}/exported-state.json
diff --git a/tests/network-tests/run-tests.sh b/tests/network-tests/run-tests.sh
index 0dc698f58b..e6aedbf9e6 100755
--- a/tests/network-tests/run-tests.sh
+++ b/tests/network-tests/run-tests.sh
@@ -16,10 +16,10 @@ function cleanup() {
     docker logs colossus-2 --tail 100 || :
 
     if [ "${NO_STORAGE}" != true ]; then
-      docker-compose -f ../../docker-compose.storage-squid.yml down -v
+      docker compose -f ../../docker-compose.storage-squid.yml down -v
     fi
 
-    docker-compose -f ../../docker-compose.yml down -v
+    docker compose -f ../../docker-compose.yml down -v
   }
 
 trap cleanup EXIT ERR SIGINT SIGTERM
diff --git a/tests/network-tests/start-storage.sh b/tests/network-tests/start-storage.sh
index 445c2b4125..6acb285a73 100755
--- a/tests/network-tests/start-storage.sh
+++ b/tests/network-tests/start-storage.sh
@@ -6,7 +6,7 @@ THIS_DIR=`dirname $TMP`
 echo "Staring storage infrastructure"
 
 # Start Storage-Squid
-docker-compose -f $THIS_DIR/../../docker-compose.storage-squid.yml up -d
+docker compose -f $THIS_DIR/../../docker-compose.storage-squid.yml up -d
 
 HOST_IP=`$THIS_DIR/get-host-ip.sh`
 export COLOSSUS_1_URL="http://${HOST_IP}:3333"
@@ -19,10 +19,10 @@ $THIS_DIR/run-test-scenario.sh initStorageAndDistribution
 sleep 30
 
 # Start colossus & argus
-docker-compose -f $THIS_DIR/../../docker-compose.yml up -d colossus-1
-docker-compose -f $THIS_DIR/../../docker-compose.yml up -d distributor-1
-docker-compose -f $THIS_DIR/../../docker-compose.yml up -d colossus-2
-docker-compose -f $THIS_DIR/../../docker-compose.yml up -d distributor-2
+docker compose -f $THIS_DIR/../../docker-compose.yml up -d colossus-1
+docker compose -f $THIS_DIR/../../docker-compose.yml up -d distributor-1
+docker compose -f $THIS_DIR/../../docker-compose.yml up -d colossus-2
+docker compose -f $THIS_DIR/../../docker-compose.yml up -d distributor-2
 
 # allow a few seconds for nodes to startup and display first few log entries
 # to help debug tests
diff --git a/tests/network-tests/test-setup-new-chain.sh b/tests/network-tests/test-setup-new-chain.sh
index 1bc9c5710e..0ce68de5c6 100755
--- a/tests/network-tests/test-setup-new-chain.sh
+++ b/tests/network-tests/test-setup-new-chain.sh
@@ -18,7 +18,7 @@ function cleanup() {
     docker logs ${CONTAINER_ID} --tail 15
     docker stop ${CONTAINER_ID}
     docker rm ${CONTAINER_ID}
-    docker-compose -f ../../docker-compose.yml down -v
+    docker compose -f ../../docker-compose.yml down -v
 }
 
 trap cleanup EXIT ERR SIGINT SIGTERM