diff --git a/.circleci/config.yml b/.circleci/config.yml
index 7f6b1755..6e96eef2 100644
--- a/.circleci/config.yml
+++ b/.circleci/config.yml
@@ -36,7 +36,7 @@ jobs:
       - run:
           name: build docker images and push them to dockerhub
           command: |
-            helm_versions=( "v3.7.2" "v3.8.2" "v3.9.4" "v3.10.2" )
+            helm_versions=( "v3.8.2" "v3.9.4" "v3.10.3" "v3.11.0" )
 
             TAG=$(git describe --abbrev=0 --tags)
             docker login -u $DOCKER_USER -p $DOCKER_PASS
diff --git a/.version b/.version
index 7f207151..53c1b1c9 100644
--- a/.version
+++ b/.version
@@ -1 +1 @@
-v3.16.1
+v3.16.2
diff --git a/Dockerfile b/Dockerfile
index c787705a..72d6f243 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -1,7 +1,7 @@
 ARG GO_VERSION="1.18.5"
-ARG ALPINE_VERSION="3.15"
-ARG GLOBAL_KUBE_VERSION="v1.23.6"
-ARG GLOBAL_HELM_VERSION="v3.10.2"
+ARG ALPINE_VERSION="3.17"
+ARG GLOBAL_KUBE_VERSION="v1.24.10"
+ARG GLOBAL_HELM_VERSION="v3.11.0"
 ARG GLOBAL_HELM_DIFF_VERSION="v3.6.0"
 ARG GLOBAL_HELM_GCS_VERSION="0.3.21"
 ARG GLOBAL_HELM_S3_VERSION="v0.10.0"
diff --git a/README.md b/README.md
index 9095b0a4..2dc24a0b 100644
--- a/README.md
+++ b/README.md
@@ -1,4 +1,4 @@
-[![GitHub version](https://d25lcipzij17d.cloudfront.net/badge.svg?id=gh&type=6&v=v3.16.1&x2=0)](https://github.com/Praqma/helmsman/releases) [![CircleCI](https://circleci.com/gh/Praqma/helmsman/tree/master.svg?style=svg)](https://circleci.com/gh/Praqma/helmsman/tree/master)
+[![GitHub version](https://d25lcipzij17d.cloudfront.net/badge.svg?id=gh&type=6&v=v3.16.2&x2=0)](https://github.com/Praqma/helmsman/releases) [![CircleCI](https://circleci.com/gh/Praqma/helmsman/tree/master.svg?style=svg)](https://circleci.com/gh/Praqma/helmsman/tree/master)
 
 ![helmsman-logo](docs/images/helmsman.png)
 
diff --git a/internal/app/main.go b/internal/app/main.go
index b4654b74..c6914ad4 100644
--- a/internal/app/main.go
+++ b/internal/app/main.go
@@ -8,7 +8,7 @@ import (
 const (
 	helmBin            = "helm"
 	kubectlBin         = "kubectl"
-	appVersion         = "v3.16.1"
+	appVersion         = "v3.16.2"
 	tempFilesDir       = ".helmsman-tmp"
 	defaultContextName = "default"
 	resourcePool       = 10
diff --git a/release-notes.md b/release-notes.md
index 5aac0166..ad5a6d4d 100644
--- a/release-notes.md
+++ b/release-notes.md
@@ -1,5 +1,7 @@
-# v3.16.1
+# v3.16.2
 
 ## Fixes and improvements
 
-- Fix issue with checking for local chart updates
+- Dependency version upgrades
+- Fixed helm-vault decryption (#759)
+- Documentation fixes (#753)