diff --git a/_service b/_service
index 8804828..c3d4cc4 100644
--- a/_service
+++ b/_service
@@ -3,8 +3,8 @@
     <param name="url">https://github.com/containerd/containerd.git</param>
     <param name="scm">git</param>
     <param name="filename">containerd</param>
-    <param name="versionformat">1.6.12_%h</param>
-    <param name="revision">v1.6.12</param>
+    <param name="versionformat">1.6.16_%h</param>
+    <param name="revision">v1.6.16</param>
     <param name="exclude">.git</param>
   </service>
   <service name="recompress" mode="disabled">
diff --git a/containerd-1.6.12_a05d175400b1.tar.xz b/containerd-1.6.12_a05d175400b1.tar.xz
deleted file mode 100644
index c8f6d06..0000000
--- a/containerd-1.6.12_a05d175400b1.tar.xz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:25d5c4298633d12b19cf74f9848acfaf3cc7e8ffb616c8ab88a1000da008fb76
-size 5203784
diff --git a/containerd-1.6.16_31aa4358a368.tar.xz b/containerd-1.6.16_31aa4358a368.tar.xz
new file mode 100644
index 0000000..49e4bf7
--- /dev/null
+++ b/containerd-1.6.16_31aa4358a368.tar.xz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:a569d344f2319beac356f45850a88cc439bf7c684ccacdd0f6665b32632b22d6
+size 5204392
diff --git a/containerd.changes b/containerd.changes
index a1587fa..b3ccdbb 100644
--- a/containerd.changes
+++ b/containerd.changes
@@ -3,11 +3,18 @@ Wed Mar  1 05:29:46 UTC 2023 - Aleksa Sarai <asarai@suse.com>
 
 - Re-build containerd to use updated golang-packaging. jsc#1342
 
+-------------------------------------------------------------------
+Thu Feb  9 01:58:07 UTC 2023 - Aleksa Sarai <asarai@suse.com>
+
+- Update to containerd v1.6.16 for Docker v23.0.0-ce. Upstream release notes:
+  <https://github.com/containerd/containerd/releases/tag/v1.6.16>
+
 -------------------------------------------------------------------
 Thu Dec  8 01:28:48 UTC 2022 - Aleksa Sarai <asarai@suse.com>
 
-- Update to containerd v1.6.12 to fix CVE-2022-23471. Upstream release notes:
-  <https://github.com/containerd/containerd/releases/tag/v1.6.11>
+- Update to containerd v1.6.12 to fix CVE-2022-23471 bsc#1206235. Upstream
+  release notes:
+  <https://github.com/containerd/containerd/releases/tag/v1.6.12>
 
 -------------------------------------------------------------------
 Tue Dec  6 22:41:50 UTC 2022 - Aleksa Sarai <asarai@suse.com>
diff --git a/containerd.spec b/containerd.spec
index 9deba9d..00a9abf 100644
--- a/containerd.spec
+++ b/containerd.spec
@@ -23,14 +23,14 @@
 %endif
 
 # MANUAL: Update the git_version.
-%define git_version a05d175400b1145e5e6a735a6710579d181e7fb0
-%define git_short   a05d175400b1
+%define git_version 31aa4358a36870b21a992d3ad2bef29e1d693bec
+%define git_short   31aa4358a368
 
 %global provider_prefix github.com/containerd/containerd
 %global import_path %{provider_prefix}
 
 Name:           containerd
-Version:        1.6.12
+Version:        1.6.16
 Release:        0
 Summary:        Standalone OCI Container Daemon
 License:        Apache-2.0