diff --git a/pkgs/development/libraries/ctranslate2/default.nix b/pkgs/development/libraries/ctranslate2/default.nix
index e512321c505..a4ebfb5c3de 100644
--- a/pkgs/development/libraries/ctranslate2/default.nix
+++ b/pkgs/development/libraries/ctranslate2/default.nix
@@ -17,13 +17,13 @@ let
 in
 stdenv.mkDerivation rec {
   pname = "ctranslate2";
-  version = "3.17.1";
+  version = "3.18.0";
 
   src = fetchFromGitHub {
     owner = "OpenNMT";
     repo = "CTranslate2";
     rev = "v${version}";
-    hash = "sha256-aSYE8+vhCsgZf1gBqJFRK8cn91AxrRutJc3LzHQQHVc=";
+    hash = "sha256-ipCUiCyWubKTUB0jDOsRN+DSg3S84hbj8Xum/2NsrKc=";
     fetchSubmodules = true;
   };